507 Main St Caribou, ME 04736
For Sale
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This exceptional commercial property at 507 Main Street, Caribou, ME, presents a rare opportunity to acquire a thriving, well-established restaurant. Boasting 1,916 square feet on a 0.55-acre lot, Frederick's Southside is a beloved local eatery with a loyal customer base and a proven track record of success. The property includes a fully equipped commercial kitchen, designed for efficient food preparation and service. Spacious dining areas provide a comfortable and inviting atmosphere for patrons. The restaurant's meticulous upkeep is evident both inside and out, reflecting pride of ownership and a commitment to quality. Its prime Main Street location ensures excellent visibility and convenient access, complemented by ample parking for customers. This turnkey operation offers immediate income potential and significant growth opportunities for a new owner. The established clientele and strong reputation provide a solid foundation for continued success. The asking price for this exceptional property is $649,900. This is a unique chance to own a successful business in a desirable location. Don't miss this chance to own a piece of Caribou's vibrant culinary scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
