1569 Forest Ave - Restaurant FOR SALE


Portland, ME 04103- Riverton
$1,900,000 USD
207-899-7373
1569 Forest Ave, Portland, ME for Sale
$1,900,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

Jun '25


1569 Forest Ave
Portland, ME 04103
Riverton


OVERVIEW

We are pleased to offer this turnkey 1,652± SF restaurant on 1.04± acres for sale at 1569 Forest Avenue in Portland. The building is home to Riverton Station Pizza, Bar & Grill, a successful neighborhood establishment that is still currently operating with no plans to close. The business and all assets are included in the sale, and the owner will work with a buyer to sell the real estate/business with no downtime in operations. The lot size allows the property to be subdivided, which has the potential to develop over 50 units in an area with high demand for new housing. This Forest Avenue location sees 15,770± vehicles per day and offers excellent visibility and interstate access.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$1,357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

1569 Forest Avenue, Portland

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

B1, R3

APN/PARCEL ID

PTLD-000338-000000-M001001

ASK ABOUT THIS PROPERTY

Joe AtwoodThe Dunham GroupMore Info
207-899-7373

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Joe AtwoodThe Dunham GroupMore Info
207-899-7373

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