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Off Market
1/32

17 Pepperell Sq
Saco, ME 04072


HIGHLIGHTS

  • Turn-Key Restaurant
  • 36 Seats Indoor/12 Outdoor
  • Cafe/Coffee Shop/ Breakfast Spot
  • Year Round Operation

OVERVIEW

17 Pepperell Square, Saco Maine (the “Property”) is a turn-key restaurant including real estate and all in-place furniture, fixtures and equipment*. Located in the heart of Pepperell Square in downtown Saco along the riverfront, the location draws patrons from both pedestrian foot traffic and destination shoppers alike. This cozy yet highly functional and productive property includes indoor seating for 36, an outdoor deck accommodating approx 12 more seats, a high capacity commercial kitchen and an upstairs for storage and optional manager’s quarters. The restaurant has been operated as a successful breakfast and lunch concept for over 10 years. The previous tenant operated the restaurant continuously for 10 years and closed the business on March 18, 2023 for discretionary reasons and the name of the restaurant, “New Moon,” will not be conveyed with the sale. An incoming prospective buyer could leverage this restaurant’s successful history and location equity into a new breakfast restaurant concept, or of course pursue any other concept. There is proven local market demand for this restaurant type that would generate immediate demand and sales revenue. Alternatively, this well built and maintained Property is suited for any type of restaurant, requiring only cosmetic changes to render a new concept. *This is an asset offering only. Historical financial statements are neither available nor being offered.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

1700

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

-

LAND SF

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ZONING

-

APN/PARCEL ID

SACO-000031-000186