Turn-Key Restaurant Building For Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30041876
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Status: Pending/Contingent
Building Size (RSF): 4,091 SF
Gross Building Area: See Agent
Gross Land Area: 0.16 Acres
Sale Price: $1,500,000
Unit Price: $366.66 PSF
Property Use Type: Investment, Business
Usable Size (USF): 4,091 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

Turn-key restaurant has been operating as Siano's Brick Oven Pizza for 28 years. 4,000+ SF free-standing brick building features full bar, lounge and two dining rooms and approved seating for 80+ indoors and 10-15 on patio. Sale includes real estate, furniture and equipment, including brick ovens and large walk-in cooler. On-site parking.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 135-E-12
Zoning: B-1
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Busy corner location at intersection of Stevens Avenue and Brentwood Street in Portland.
Property Visibility: Excellent
Largest Nearby Street: Stevens Avenue
Feet of Frontage: 210
Traffic/Vehicle Count: 10,050
Highway Access: I-95 (Maine Turnpike) and SR 302
Airports: Portland International Jetport
Site Description: 0.16-acre corner lot at busy intersection. Neighborhood/village center adjacent to church and small local businesses.
Area Description: Located in an urban neighborhood in Maine's largest city. The Greater Portland area hosted 5.4 million visitors in 2016, who spent $682 million at area businesses, according to the Greater Portland Convention + Visitors Bureau.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,091 SF
Property Condition: Good
Year Built: 1973
Roof Type: Gable
Construction/Siding: Brick
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: On-site parking
Zoning Description: B-1
Lot Frontage: 74' on Stevens Avenue' 136' on Brentwood Street
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,519 80,115 123,181
Median Age: 38.67 37.45 39.02
Households: 7,645 37,094 54,754
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