Photo of 264 Sebago Rd.
Retail · Restaurant

264 Sebago Rd.

Sebago, ME 04029

Available spaces

1 for sale · asking prices · updated Oct 5, 2026

For sale at 264 Sebago Rd.

For sale

$545,000
Size 2,328 SF

A rare opportunity to own one of the Sebago’s most recognizable mixed-use commercial properties! Home to Richards' Dairy Delight, a beloved local tradition since 1954, this high-visibility landmark has been serving generations of residents and visitors while enjoying a prime location in the heart of one of Maine's premier destinations. The first floor features a fully equipped, turnkey restaurant and ice cream business, with the business name and equipment conveying with the sale, allowing the next owner to continue its long-standing legacy or bring their own vision to this established location. Exceptional road frontage and slow 35MPH steady traffic make this an outstanding opportunity for an owner-operator or investor alike. Above the commercial space is a spacious four-bedroom apartment currently rented for $2,000 per month, providing immediate rental income while offering flexibility for future owner occupancy, employee housing, or continued investment. Ideally positioned on Route 114 alongside popular destinations including the Town Beach, Long Beach Marina, Sportsman’s Kitchen & Keg, Jordan's Store, Sebago Lake Marina and Sebago Family Campground, this property benefits from excellent exposure in the center of the thriving Sebago Lake community. Whether customers are heading to the lake, the marina, or exploring the region, this iconic location is a familiar stop and a true local landmark. With an established business, rental income, valuable mixed-use zoning, and an unbeatable location in the heart of the Sebago Lake Region, this is a unique opportunity to invest in a property that combines history, visibility, and income potential. Continue a cherished tradition or create your own destination.

The building

Building
3,974 SF · 1 floor
Site
0.28 Acres
Occupancy
Single-tenant
Submarket
Portland-South Portland-Biddeford

Comps

Comparable sales and lease data is available to members only.
PM
Peter Mason · Po-Go Realty