1200 Portland Rd

Retail-Commercial for Sale
Catylist Listing ID: 30875488
Property Subtypes: Restaurant
Building Size (RSF): 6,588 SF
Gross Building Area: See Agent
Sale Price: $1,900,000
Unit Price: $288.40 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 6,588 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2024

Overview / Comments

Completely renovated 6588+- square foot restaurant located on US Route 1 in Arundel. The condominium consist of a spacious first floor dining room, with outdoor patio seating, bar and large kitchen . The second floor has a loft area with additional dining and bar. A spacious third floor office is located above the loft. Beautiful post and beam interior with with a beautiful stone fireplace and large windows overlooking an inviting outdoor sitting area . Fully sprinkled with ample on-site parking. Great US Route 1 visibility with easy access from Kennebunk, Kennebunkport and surrounding communities. Condominium approval would need to be obtained from municipality.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 035032
Zoning: COMMERCIAL
Lot Frontage: 500

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,459 25,419
Median Age: 50.11 47.22
Households: 3,015 10,763

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