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Off Market
1/2

3 Oak St
Alfred, ME 04002


HIGHLIGHTS

  • Recently refurbished & regular clientele with 85% repeat clientele provide turnkey opportunity
  • Turn-key and offering upside potential for increased revenue and profits
  • Ideal location for gatherings and events
  • Indoor / Outdoor fireplace
  • Outdoor Seating in two distinct locations
  • Spacious bars / Ample parking

OVERVIEW

Features beautiful dining rooms and a welcoming bar, complemented by two outdoor patios— one of which features a cozy wood-burning fireplace. Inside, guests are greeted by a grand lobby with its own fireplace, creating a warm and inviting atmosphere accompanied by oversized, comfortable chairs. New hardwood floors throughout the restaurant enhance the aesthetic appeal, contributing to the unique establishment's overall sophisticated yet intimate feel. The restaurant is fully staffed with a team of highly trained and dedicated professionals. Many of the front-of-house employees are cross-trained between the bar and service, ensuring flexibility and seamless operations. The staff's loyalty to the establishment is a testament to their satisfaction with wages that are competitive with or exceed market standards. This team is likely to remain committed under new ownership, providing a smooth transition for continued success.

FOR SALE DETAILS

PRICE

-

CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Southern Maine Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

6400

STORIES

1

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

97

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

ALFR M:014 L:007