Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1200 Portland Rd Arundel, ME 04046

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,100,000

    Fully operational restaurant with two apartments on a 2-acre lot.

    Property size:
    9,938 SF
    Lot size:
    2.10 Acres

    Property Features for 1200 Portland Rd

    General Information

    Size
    9,938 SF
    Lot size
    2.10 Acres

    Source: The Boulos Company Agent Christopher Gallagher

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

    Overview

    Restaurant with Apartments on Route One

    This property in Arundel, Maine, presents an opportunity to acquire a fully operational restaurant, renovated in 2019 and complete with all fixtures, furniture, and equipment. The property includes a charming outdoor seating area. In addition to the restaurant, the property features two residential apartments and is situated on a 2.0± acre corner lot with more than 500 feet of frontage along Route One. This high-traffic location sees over 11,000± vehicles daily and is just minutes from Kennebunk and neighboring businesses, including Hannaford, Holy Donut, Aroma Joe’s, and more. The property size is 9938 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    Texas Grace Kitchen

    Location Insight

    • Map
    • Local Demand
    City
    Arundel
    County
    York
    State
    Maine
    Longitude
    -70.5226328
    Latitude
    43.4093733

    Nearby Similar for Sale

    • $549,000
      1,857 SF

      Arundel Mixed-Use Income Property

      Residential/commercial property in high-traffic area with excellent visibility.
      208 New Rd, Arundel, ME 04046
      View Details
    • $595,000
      6,066 SF

      Arundel Commercial Property for Sale

      Commercial property in Arundel, Maine, featuring 6,066 square feet of space.
      2796 Portland Rd, Arundel, ME 04046
      View Details
    • $1,750,000
      12,256 SF

      Retail/Warehouse Building on 12 Acres

      Retail/warehouse building, greenhouses, and home on 12 acres.
      670 Alfred St, Arundel, ME
      View Details
    • $450,000
      3,282 SF

      Arundel Commercial Space For Sale

      Prime Arundel location, 3,282 sq ft, 2.6 acres.
      1298 Alfred Rd, Arundel, ME 04046
      View Details
    • $925,000
      12.00 Acres

      Arundel Commercial Land Investment

      High-traffic Route 1 location, 12 acres.
      1903 Portland Rd, Arundel, ME 04046
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully operational restaurant with two apartments on a 2-acre lot.
    Where is this restaurant located?
    The property is located at 1200 Portland Rd Arundel, ME.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - High-traffic location on Route One with 11,000± vehicles daily.; - Fully operational restaurant with all fixtures, furniture, and equipment included.; - Two residential apartments provide additional income potential.
    (207) 553-1728
    Request Owner's contact information
    1200 Portland Rd Arundel, ME 04046
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1200 Portland Rd
    Arundel, ME 04046
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1200 Portland Rd Arundel, ME 04046
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.