28 Union St - Restaurant FOR SALE


Boothbay Harbor, ME 04538
$1,600,000 USD
207-522-3638
28 Union St, Boothbay Harbor, ME for Sale
$1,600,000 USD
Restaurant - FOR SALE
1/13
null | Request Cap Rate

28 Union St
Boothbay Harbor, ME 04538


HIGHLIGHTS

  • Superb location, impeccable condition, manageable size with stable diversified income
  • Unique Opportunity to Own a Mixed Use 4-BR Multi-Unit and a State of the Art/Turnkey Pizza Restaurant
  • In the Heart of Beautiful Boothbay Harbor! Ideal Owner-Occupied or 1031 Exchange Opportunity

OVERVIEW

A unique opportunity to own a mixed-use property. An excellent state-of-the-art restaurant/business space on the first floor in the heart of beautiful Boothbay Harbor. Totally upgraded restaurant with a separate bar and patio, all new equipment, custom made wood/gas combination pizza oven. Air conditioning, on-demand hot water, fully sprinkled with ample parking and excellent visibility. Opened and owned by the guys who launched the famous Ports of Italy restaurant, the Ports Pizzeria is destined for similar success. The kitchen is truly turn-key with the latest equipment including the brick-fired oven, pizza crust maker, coolers, stoves and set-up. The dining room and bar are arranged for casual indoor and outdoor dining. It is an operation that requires only a few staff to run efficiently and profitably. Four Apartment Units on the upper floors with separate entrances at the rear can be used by an owner/operator or rented out—seasonally or year-round. The units have water heaters, refrigerators and ranges and are on town water/sewer. This property has it all: *Superb location *Impeccable condition *Manageablesize *Stable, diversified income See brochure for further information and/or call for a tour of this amazing property.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$514 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

State of the Art Pizza Restaurant & MultiUnit

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1789

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Commercial

APN/PARCEL ID

BOOH-000020-000000-000128

ASK ABOUT THIS PROPERTY

John McCarthyLegacy Properties Sotheby'sMore Info
207-522-3638

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John McCarthyLegacy Properties Sotheby'sMore Info
207-522-3638

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