87 Main St - Restaurant FOR SALE


Mars Hill, ME 04758
$624,000 USD
207-478-0084
87 Main St, Mars Hill, ME for Sale
$624,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

87 Main St
Mars Hill, ME 04758


HIGHLIGHTS

  • High-visibility location on Route 1/Main Street with steady traffic exposure.
  • Established, profitable restaurant business with strong local reputation.
  • Includes upstairs residential apartment with modern updates.
  • Recent renovations: rubber roof, propane heat, air conditioning, and security system.
  • Turnkey sale inclusive of restaurant equipment and loading dock for operations.
  • Licensed for 75 patrons, offering potential for growth in food and beverage services.

OVERVIEW

87 Main Street in Mars Hill offers a rare opportunity to acquire a thriving restaurant business paired with residential living space in one of Aroostook County’s most recognizable locations. Positioned on highly traveled U.S. Route 1/Main Street, the property benefits from superior visibility and consistent traffic flow. Al’s Diner, a long-established local favorite, is fully operational and comes complete with a full complement of equipment as well as a spacious upper-level apartment. Recent updates enhance long-term value, including a new rubber roof, modern BBHW propane heating system, air conditioning for customer comfort, and a robust security system. The restaurant is licensed for up to 75 patrons and features a functional layout designed for efficiency and an enjoyable dining experience. With a loading dock for easy deliveries and multiple renovations already completed, this turnkey opportunity is ready for new ownership. Positioned within the community’s core commercial corridor, the site is suited for continued restaurant operations or adaptive reuse for other business concepts.

FOR SALE DETAILS

PRICE

$624,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Al's Diner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

comm

APN/PARCEL ID

MHIL-000015-000000-000133

ASK ABOUT THIS PROPERTY

Jay PeaveyRealty of MaineMore Info
207-478-0084

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Jay PeaveyRealty of MaineMore Info
207-478-0084

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