1200 Portland Rd - Freestanding FOR SALE


Arundel, ME 04046
$2,100,000 USD
207-553-1728
1200 Portland Rd, Arundel, ME for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

1200 Portland Rd
Arundel, ME 04046


OVERVIEW

The Boulos Company is pleased to present an exceptional opportunity to acquire a distinctive property in Arundel, Maine. This fully operational restaurant, renovated in 2019, comes complete with all fixtures, furniture, and equipment. The property also boasts a charming outdoor seating area, perfect for al fresco dining during pleasant weather. In addition to the restaurant, the property features two residential apartments and is situated on a 2.0± acre corner lot with more than 500 feet of prime frontage along Route One. This high-traffic location sees over 11,000± vehicles daily and is just minutes from Kennebunk and neighboring businesses, including Hannaford, Holy Donut, Aroma Joe’s, and more.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1800

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

DB-1

APN/PARCEL ID

ARUN-000035-000000-000032

ASK ABOUT THIS PROPERTY

Chris GallagherThe Boulos CompanyMore Info
207-553-1728

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Chris GallagherThe Boulos CompanyMore Info
207-553-1728

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.