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Restaurant with Full Bar
New
For Lease
$500,000

11 Central St, Bangor, ME 04401

An operating downtown restaurant includes dining and lounge areas, bar seating, equipment, furnishings, and business assets.

Space SizeContact for details
Days on Market4

Property Features for 11 Central St

General Information

Standard status Active
Listing Agency: NextHome Experience
Listed By: Pamela Libby
Source: Exprealty
Added: Oct 3 Changed: Oct 6 Last Checked: Oct 6 at 2:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Experience

Investment Insights

Based on property information with market context.

11 Central is an operating restaurant at 11 Central St in downtown Bangor, with approximately 49 seats across its dining and lounge areas and 12 additional seats at the bar. The premises are leased, and the real estate is not included.

Included business assets encompass the 11 Central name, recipes, website, social media accounts, business phone numbers, POS system, furniture, fixtures, restaurant and bar equipment, and food and liquor inventory. Continued occupancy depends on lease arrangements; licenses, permits, service contracts, and similar requirements are subject to applicable transfer, application, and approval processes.

Key Highlights

  • Approximately 49 seats in dining and lounge areas, plus 12 seats at the bar
  • Business assets include the 11 Central name, recipes, website, and social media accounts
  • Restaurant and bar equipment, furniture, fixtures, POS system, and food and liquor inventory included

Property Analytics

Current Use

11 Central Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Building Supply Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Dining 11%
Dollar Tree Shops & Services
8,423 visits/mo 0.4 miles
Dollar General Shops & Services
6,268 visits/mo 0.2 miles
Family Dollar Shops & Services
4,938 visits/mo 0.2 miles
TD Bank Shops & Services
2,813 visits/mo 0.2 miles
Domino's Pizza Dining
2,782 visits/mo 0.3 miles

Demographics for 04401, ME

44,608
Population
20,932
Households
2.1
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
100.1 sq mi
ZIP Area
446
Density / Sq Mi
$66,136
Median Household Income
$40,863
Median Earnings
$1,048
Median Rent
$229,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - An operating downtown restaurant includes dining and lounge areas, bar seating, equipment, furnishings, and business assets.
Where is this conventional restaurant located?
The property is located at 11 Central St Bangor, ME.
What is the lease rate?
The lease rate is $500,000.
What are key features of this property?
This property features: Approximately 49 seats in dining and lounge areas, plus 12 seats at the bar; Business assets include the 11 Central name, recipes, website, and social media accounts; Restaurant and bar equipment, furniture, fixtures, POS system, and food and liquor inventory included
More about this property
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