Building Details

Building Size 3,500 SF

Year Built 1955

Stories 2

Listing Agency: Keller Williams Realty j***@kw.com Show Phone

Listed By: Joshua Hill Show Phone

Source: Startpoint

Added: Jun 4, 2024 Changed: Aug 29 Last Checked: Aug 30 at 5:44PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines a former dairy-bar and restaurant facility with a separate duplex. The restaurant addition, completed in 2014, contains indoor dining, an upper private-event area, two bathrooms, and kitchen preparation and dishwashing areas. The attached original dairy-bar section includes front service windows, a rear kitchen, and a walk-in cooler. The duplex provides a lower one-bedroom apartment with accessibility improvements, covered parking access, a ramped entry, modified countertops and appliances, a full bathroom, laundry hookup, and rear deck. The upper apartment offers two bedrooms, a full bathroom, an open kitchen, dining and living area, and another rear deck.

Positioned on Route 4 in Avon, the property recorded approximately 3,000 vehicles in average daily traffic during 2023. It is approximately 30 minutes from the Rangeley Lakes Region and Saddleback Ski Resort, 40 minutes from Sugarloaf USA, 30 minutes from Farmington, 1.5 hours from Portland, and 3.5 hours from Boston. A large greenhouse conveys with the property, and cannabis is permitted in the town. The property is zoned Commerical and was built in 1955.

Key Highlights

• Mixed‑use property with a restaurant facility and two‑level duplex
• 2014 restaurant addition with dining area, private‑event space, two bathrooms, and kitchen prep areas
• Lower apartment has 1 bedroom and accessibility improvements, including ramped entry and modified counters

Property Analytics

Current Use

Conventional restaurants

Lease Details

3,000 VPD

Traffic count

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Explore this area Business Placement

Demographics for 04966, ME

1,527

Population

1,205

Households

1.3

Avg Household Size

51

Median Age

21%

College-Educated

90%

High-School Grad

237.8 sq mi

ZIP Area

6

Density / Sq Mi

$45,917

Median Household Income

$32,500

Median Earnings

$430

Median Rent

$156,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Commercial facilities, two apartments, and a greenhouse create a flexible mixed-use configuration on Route 4.

Where is this mixed-use property located?

The property is located at 6 Rangeley Road Avon, ME.

What is the asking price?

The asking price for this property is $260,000.

What are key features of this property?

This property features: Mixed‑use property with a restaurant facility and two‑level duplex; 2014 restaurant addition with dining area, private‑event space, two bathrooms, and kitchen prep areas; Lower apartment has 1 bedroom and accessibility improvements, including ramped entry and modified counters