Former Restaurant Redevelopment
For Sale
Contact for pricing
1285 Main Street, Sanford, ME 04073
Former Bonanza Restaurant site with ample on-site parking, excellent visibility, and flexible zoning for retail or redevelopment.
Property SizeContact for details
Lot Size3.21 Acres
Days on Market133
Property Features for 1285 Main Street
General Information
Standard status
Active
Lot size
3.21 Acres
Property subtype
Retail
Listing Agency:
The Dunham Group
(207) 773-7100
Listed By:
Katie Breggia · License #ME 917817
Source:
Crexi
Added: Apr 12
Changed: Aug 17
Last Checked: Aug 14 at 7:57AM
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 The Dunham Group
Investment Insights
Based on property information with market context.
This property is the former Bonanza Restaurant in Sanford, which has operated for over 35 years. The site is offered for sale with kitchen equipment that may be available for purchase, and it also notes that the adjacent lot “next lot over” may be available for purchase.
The property is described as having excellent visibility and ample on-site parking. The remarks also state the zoning is flexible, supporting use for retail or redevelopment.
For buyers seeking a reconfiguration or reuse of an existing restaurant land asset, this location combines established restaurant site improvements with parking and visibility, along with potential options tied to the kitchen equipment and neighboring parcel.
The property is described as having excellent visibility and ample on-site parking. The remarks also state the zoning is flexible, supporting use for retail or redevelopment.
For buyers seeking a reconfiguration or reuse of an existing restaurant land asset, this location combines established restaurant site improvements with parking and visibility, along with potential options tied to the kitchen equipment and neighboring parcel.
Key Highlights
- Former Bonanza Restaurant property in Sanford—operated by Bonanza for 35+ years
- 3.21± acre site with ample on‑site parking
- Flexible zoning for retail use or redevelopment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
131k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 35%
Groceries 18%
Electronics 2%
Shaw's Supermarket
Groceries
23,732 visits/mo
0.5 miles
Wendy's
Dining
16,496 visits/mo
0.2 miles
Dollar Tree
Shops & Services
15,792 visits/mo
0.3 miles
Applebee's
Dining
14,642 visits/mo
0.3 miles
KFC
Dining
14,581 visits/mo
0.3 miles
Demographics for 04073, ME
17,283
Population
7,772
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
458
Density / Sq Mi
$69,135
Median Household Income
$42,758
Median Earnings
$1,145
Median Rent
$259,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former Bonanza Restaurant site with ample on-site parking, excellent visibility, and flexible zoning for retail or redevelopment.
Where is this conventional restaurant located?
The property is located at 1285 Main Street Sanford, ME.
What are key features of this property?
This property features: Former Bonanza Restaurant property in Sanford—operated by Bonanza for 35+ years; 3.21± acre site with ample on‑site parking; Flexible zoning for retail use or redevelopment
