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    Turnkey Restaurant and Bar Opportunity Title is generated by Realmo AI

    16 School Street, Sanford, ME 04073

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    For Sale
    $725,000

    COMMERCIAL - Sanford, ME

    Type:Retail
    Property size:
    6,921 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $104/SF
    Added:
    May 11, 2026
    Days on Market:
    2
    Last Refresh:
    May 12 at 5:06 pm

    Property Features for 16 School Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    Urban Business
    Rooms
    Basement
    Parking features
    On Street, Other, Off Street
    Basement
    Finished, Full
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    Size
    6,921 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5335

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Hot Water(Heating), Oil, Electric (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1973
    Flooring type
    Carpet, Concrete, Tile, Vinyl
    Building materials
    Masonry, Brick
    Roof type
    Membrane, Flat

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    Listing Contact
    Melissa Rioux

    Listing agent Melissa Rioux

    Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME

    Listing date May 11, 2026

    MLS# 1661483

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey restaurant and bar with furniture, fixtures, and equipment included for immediate operation.
    • Multi‑level layout with approximately 150 seats across three functional levels (main dining, sports bar, and lower level prep/storage).
    • Prime Downtown Sanford location with strong visibility, increasing foot traffic, and proximity to public parking.
    • Extensively renovated in 2019 with updated finishes and improved functionality.
    • Fully equipped commercial kitchen designed for high‑volume service.
    • Located in Sanford's Urban Business zoning district, benefiting from ongoing economic growth and revitalization.

    Overview

    This multi-level hospitality property in Downtown Sanford presents a turnkey restaurant and bar opportunity. The property, extensively renovated in 2019, offers approximately 150 seats across three functional levels. It is suitable for an owner-user, investor, brewery, sports bar, entertainment venue, or restaurant group. The first floor features a spacious main dining area with approximately 16 tables and a fully equipped commercial kitchen designed for high-volume service. The second level includes a 22-seat horseshoe sports bar with additional seating and six TVs, with an expanded entertainment-focused layout suitable for events, nightlife, and overflow dining. The finished lower level provides operational value with two walk-in coolers, a walk-in freezer, prep space, storage, and back-of-house support areas. The sale includes furniture, fixtures, equipment, and a full kitchen setup. The property has public water and sewer, strong mechanicals, and is next to a large public parking lot. Located within Sanford's Urban Business zoning district, the property benefits from strong visibility, nearby businesses, and increasing foot traffic. Nearby redevelopment projects, new housing initiatives, and over $5M in EPA Brownfields funding support long-term economic growth in Downtown Sanford. The property size is 6,921 square feet and the lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Guerrero Maya Restaurant Back Street Sanford Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Wolves Club 40 High St, Sanford, ME 04073
    • Favorites Sanford Otb & Sports Pub Sanford, ME 04073
    • Mill Towne Tavern and Billiards 898 Main St, Sanford, ME 04073
    • Lafayette Club 46 Winter St, Sanford, ME 04073

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    York
    State
    Maine
    Longitude
    -70.7734809
    Latitude
    43.4385326

    FAQs

    What type of property is this?
    Bar & Pub - Fully equipped, multi-level restaurant and bar in Downtown Sanford.
    Where is this bar & pub located?
    The property is located at 16 School Street Sanford, ME.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Turnkey restaurant and bar with furniture, fixtures, and equipment included for immediate operation.; Multi‑level layout with approximately 150 seats across three functional levels (main dining, sports bar, and lower level prep/storage).; Prime Downtown Sanford location with strong visibility, increasing foot traffic, and proximity to public parking.
    More about this property
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