517 Ocean House Rd - Restaurant FOR SALE


Cape Elizabeth, ME 04107
$1,800,000 USD
207-671-3840
517 Ocean House Rd, Cape Elizabeth, ME for Sale
$1,800,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

NEW


517 Ocean House Rd
Cape Elizabeth, ME 04107


HIGHLIGHTS

  • Beautiful 80-Seat Restaurant Built in 2015
  • Turn-key Space with Equipment Included
  • Second-floor Apartment
  • Additional Buildable Lot

OVERVIEW

We are pleased to offer this exceptional 4,844± SF building, constructed in 2015, for sale at 517 Ocean House Road. The property provides a rare opportunity to establish a restaurant in one of Maine’s most sought-after markets, or to convert the building to alternative uses. It features a state-of-the-art kitchen and is fully turn-key for restaurant operations. A second-floor apartment offers the potential for additional income, and the lot is approved for future expansion. The property also benefits from excellent visibility and strong traffic counts.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Commercial - BA

APN/PARCEL ID

CAPE-018013U

ASK ABOUT THIS PROPERTY

Chris CraigThe Dunham GroupMore Info
207-671-3840

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Chris CraigThe Dunham GroupMore Info
207-671-3840

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