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    256 Sebago Rd Sebago, ME 04029

    For Lease
    $1,250,000

    Turnkey restaurant, event space, and residential income property near Sebago Lake.

    Property size:
    1,790 SF
    Lot size:
    3.95 Acres

    Property Features for 256 Sebago Rd

    General Information

    Size
    1,790 SF
    Lot size
    3.95 Acres

    Source: The Boulos Company Agent Reese McFarlane

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeside Restaurant and Event Venue

    This 3.95-acre property, located steps from Sebago Lake's town beach, offers diverse income potential. The main commercial building features a 1,790 square-foot, fully equipped restaurant ready for immediate operation. A renovated barn provides a versatile venue suitable for weddings, private events, or other commercial concepts. The property also includes three fully leased residential homes and a mobile home pad, providing steady rental income. Excess land at the rear of the property offers expansion opportunities for additional commercial, residential, or mixed-use projects. Lease options include the restaurant for $3,500 per month, the barn for $2,000 per month, and the rear garage for $1,500 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Gym & Fitness Hotel & Motel Skin Care Clinic Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Sebago
    County
    Cumberland
    State
    Maine
    Longitude
    -70.6368888
    Latitude
    43.8534164

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant, event space, and residential income property near Sebago Lake.
    Where is this restaurant located?
    The property is located at 256 Sebago Rd Sebago, ME.
    What are key features of this property?
    This property features: - Prime Lakeside Location: Situated on 3.95 acres steps from Sebago Lake’s town beach, offering unbeatable visibility and year-round foot traffic.; - Turnkey Restaurant Opportunity: Beautifully finished restaurant with new FF&E included, ready for immediate operation.; - Diverse Income Potential: Three fully leased residential homes plus a mobile home pad provide steady rental income.
    (207) 712-6987
    Request Owner's contact information
    256 Sebago Rd Sebago, ME 04029
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    Sebago, ME 04029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    256 Sebago Rd Sebago, ME 04029
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