863-865 Main St - Storefront FOR SALE


Westbrook, ME 04092
$2,190,000 USD
207-730-0884
863-865 Main St, Westbrook, ME for Sale
$2,190,000 USD
Storefront - FOR SALE
1/32
null | Request Cap Rate

863-865 Main St
Westbrook, ME 04092


OVERVIEW

Rare opportunity to purchase a prominent corner of Main ST in Westbrook’s highly desirable downtown district. 863 Main ST is a 10,481 SF, multi-tenanted retail property, currently subdivided into five distinct spaces: 5,566 +/- sf Vacant restaurant, completely fit up, includes FF&E (excluding some artwork and personal items) 1,500 sf Vacant space, formerly Brook City Nutrition 1,600 +/- sf Bloom Consignment Shop 1,300 +/- sf Blazes Burgers 500 +/- sf Frankie & Rose Hair Studio After a nearly 20 year run as one of the City’s favorite dining destinations, the Frog & Turtle has closed, making way for a new operator to bring their own vision to this iconic location. The restaurant underwent an extensive renovation and expansion in recent years, making it an ideal turnkey restaurant opportunity. Additional potential lay in the additional ~1,500 sf, unoccupied retail space, while the existing tenants provide stable monthly income. City is requiring that the sprinkler system be upgraded. See broker for details.

FOR SALE DETAILS

PRICE

$2,190,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,000 SF

ZONING

City Center District

APN/PARCEL ID

WSBR-000032-000000-000229

ASK ABOUT THIS PROPERTY

Chris SullivanVitalius Real Estate GroupMore Info
207-730-0884

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

Chris SullivanVitalius Real Estate GroupMore Info
207-730-0884

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