251 N High Street, Bridgton, ME 04009
COMMERCIAL - Bridgton, ME
- Added:
- Apr 20, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 28 at 5:06 am
Property Features for 251 N High Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial/ Resident
- Basement
- Crawl Space
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 3,266 SF
- Lot size
- 1.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4298
Utilities
- Sewer type
- Septic Tank, Private Sewer
- Heating system
- Natural Gas, Heat Pump (Heating), Forced Air, Oil
- Cooling system
- Wall Unit(s), Heat Pump
- Water source
- Well, Private
- Water front features
- Lake
- Water front
- 1
Building Details
- Flooring type
- Vinyl, Tile
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Fiberglass, Shingle
Listing agent Richard Vraux (207) 317-1297
Listing office Pine Tree Realty of Maine 76 Tandberg Trail, Windham, ME (207) 893-8006
Listing date Apr 20, 2026
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
- Includes a fully equipped restaurant with kitchen stoves/freezers/refrigerators, dining area, wet bar area, and entire stock
- Newly renovated 7‑room home with 3 bedrooms and 1 bath, plus a garage, converted to a large storage room
- Accessible approach with ramp
- Lake waterfront features and water source from a private well
- Private sewer with septic tank
- Heating options include oil, heat pump, natural gas, and forced air; cooling includes wall unit(s) and heat pump
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.8k | $18.00 |
| − Vacancy | −$10.0k | −$3.06 |
| EGI | $48.8k | $14.94 |
| − OpEx | −$12.2k | −$3.74 |
| NOI | $36.6k | $11.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bridgton
- County
- Cumberland
- State
- Maine
- Longitude
- -70.7353716
- Latitude
- 44.0629041
