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    Patten, ME
    Conventional Restaurant

    Patten, ME Conventional Restaurants for Sale

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    Crystal, ME Mount Chase, ME Hersey, ME Sherman, ME Island Falls, ME Dyer Brook, ME Silver Ridge Twp, ME Oakfield, ME
    Long-Running Restaurant Business
    Updated: Jun 18
    Long-Running Restaurant Business

    2 Founders Street, Patten, ME 04765

    $329,000
    1,956 sqft 0.11 AC lot
    Located on the edge of the Aroostook Scenic Highway in Patten, Maine.
    Built in 1968 with vinyl siding and a metal roof.
    Utilities: public water and public sewer.
    Heating includes forced air with oil heat.
    Interior features include storage; flooring includes vinyl and tile.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2 Founders Street, Patten, ME 04765

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $381K
      Above asking
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Patten, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Space with Shell Metal Building
    Retail Space with Shell Metal Building

    953 Central Street, Millinocket, ME 04462

    $259,000
    6,400 sqft 1.04 AC lot

    Zoned Comm and served by public water and public sewer, this shell metal retail building has central air and comes with built-ins.

    View details
    Convenience Store & Eatery
    Convenience Store & Eatery

    1461 Masardis Road, Masardis, ME 04732

    $134,000
    900 sqft 0.25 AC lot

    Custom-built convenience store and eatery on Route 11 with natural gas heating, metal roof, well and septic service.

    View details
    Flexible Retail Building Shell
    Flexible Retail Building Shell

    953 Central Street, Millinocket, ME 04462

    $259,000
    6,400 sqft

    6,400 sq. ft. metal building shell with built-in coolers and a pizza oven, plus public water and sewer.

    View details
    Convenience Store and Eatery
    Convenience Store and Eatery

    1461 Masardis Road, Masardis, ME 04732

    $134,000

    Custom-built commercial property with an equipped kitchen and prepared-food service.

    View details

    Patten, ME Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Patten, ME on our real estate platform. These investment opportunities span a total of 1,956 square feet of properties for sale, with an estimated market value of $329,000.

    Sale prices for conventional restaurants in Patten, ME average $329,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 1,452
    Population Growth (5Y) +35.7%
    Median Household Income $47,269
    College Educated 30.6%

    High-Yield Neighborhoods for Investment

    Identify Patten submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04765 $329K

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Penobscot County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Penobscot County

    Retail

    Office

    Residential Income

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