Retail Building / For Sale

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30843533
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,818 SF
Gross Land Area: 2 Acres
Sale Price: $445,000
Unit Price: $92.36 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Chaps Saloon
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2024

Overview / Comments

4,818+/- SF RESTAURANT/BAR

Opportunity to create your own bar/restaurant

Currently operating as Chaps Saloon, an iconic bar & event center that has been a cornerstone of the community

Located right off of Route 202 in close proximity to downtown Gorham

Inventory and furniture are negotiable

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31060_0006-0046
Zoning: BUSINESS COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1920
Roof Type: Gable
Construction/Siding: Wood Frame
Total Parking Spaces: 50
Parking Type: Surface
Parking Description: Ample on-site
Sprinklers: Wet
Heat Type: Oil
Heat Source: Central
Air Conditioning: Window Unit
Lot Frontage: 0.99
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,293 22,485
Median Age: 41.38 40.66
Households: 1,638 8,135
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