Property summary
This exceptional commercial property at 224 Main Street in Jay, Maine presents a unique investment opportunity. The 4,500 square foot building currently operates as a long-established restaurant, boasting a spacious kitchen fully equipped for efficient food preparation. Ample parking is available for patrons, and the interior is thoughtfully divided into distinct dining and event spaces. The main dining area comfortably seats over 40 guests, while a separate event room can accommodate up to 100 people. All furniture, fixtures, and kitchen equipment are included in the sale, ensuring a seamless transition for the new owner. The property's prime location on Main Street offers excellent road frontage and benefits from high daily traffic counts exceeding 7,600 vehicles. Beyond the building itself, this expansive 2.5-acre parcel provides over 200 feet of picturesque Androscoggin River frontage, adding significant value and potential for future development. The current owner is offering assistance with the transition to new ownership, providing valuable continuity and support for a smooth handover. Priced at $335,000, this turnkey restaurant presents a compelling opportunity for a savvy investor or entrepreneur seeking a well-established business with significant growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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