725 Broadway - Restaurant FOR SALE


South Portland, ME 04106
$3,200,000 USD
207-773-7100
725 Broadway, South Portland, ME for Sale
$3,200,000 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

725 Broadway
South Portland, ME 04106


HIGHLIGHTS

  • 25,000± vehicles per day on Broadway — among the highest counts in Cumberland County
  • 1± mile from the Casco Bay Bridge and Portland’s Old Port entertainment district
  • Adjacent to the South Portland Greenbelt Walkway with partial Casco Bay and Portland Harbor views
  • Compelling adaptive reuse opportunity for a broad range of owner-users, tenants, and value-add investors

OVERVIEW

The Dunham Group is pleased to present 725 Broadway, South Portland, Maine — a 15,000± SF, freestanding commercial building offered for sale at $3,200,000 and for lease (see broker for details). Situated on 1.18± acres along one of Cumberland County’s highest-traffic commercial corridors, this property represents a compelling adaptive reuse opportunity for a broad range of owner-users, tenants, and value-add investors. The building is offered with vacant delivery and the prior bowling lane infrastructure to be removed, presenting a rare opportunity to configure approximately 8,000 SF of open-plan commercial space to suit, attached to a turn-key modern restaurant with full kitchen, dining, bar, and outdoor enclosed patio with water and cityscape views. The restaurant is licensed for 234 seats. The property’s C-Commercial zoning, exceptional arterial visibility, Casco Bay Greenbelt adjacency, existing restaurant and bar infrastructure, and large-format patio position it as one of the most versatile and distinctive commercial offerings in the Greater Portland market. The Broadway corridor carries an estimated 25,000+ vehicles per day, placing this property at the center of South Portland’s commercial activity and within minutes of downtown Portland, the Maine Mall trade area, and Interstate 295.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C

APN/PARCEL ID

SPOR-000018-000000-000050

ASK ABOUT THIS PROPERTY

Bryan J. PlourdeThe Dunham GroupMore Info
207-773-7100

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Bryan J. PlourdeThe Dunham GroupMore Info
207-773-7100

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