Leased Restaurant
For Sale
$695,000
150 U.S 1, Freeport, ME 04032
Commercial Sale, Freeport, ME
Property Size1,616 SF
Lot Size1.26 Acres
Price / SF$430.07
Days on Market50
Property Features for 150 U.S 1
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC
Rooms
Basement
Parking features
On Street
Basement
Full, Unfinished
Lot features
Near Turnpike/ Interstate, Near Shopping
Standard status
Active
Size
1,616 SF
Lot size
1.26 Acres
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Oil
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
2004
Flooring type
Carpet, Tile - Ceramic, Laminate
Building materials
Vinyl Siding
Roof type
Shingle
Buildings
1
Listing Agency:
Portside Real Estate Group
(207) 495-3700
Listed By:
Emily Theriault · License #BR929341
(207) 716-6335
Added: Sep 14
Changed: Oct 27
Last Checked: Nov 2 at 10:06AM
MLS# 1675705
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,616± square foot, 1.5-story commercial building was constructed in 2004 and is zoned GC. The sale covers the real estate, not the business, and the property is leased through May 31, 2032. The tenant pays utilities; the owner covers property taxes, insurance, and minor building maintenance. Building features include vinyl siding, a shingle roof, and public water and sewer service.
The 1.26-acre property fronts US Route 1 and is situated between US Route 1 and I-295 in Freeport. Heating is provided by baseboard and oil systems, with heat pump cooling. Interior flooring includes laminate, ceramic tile, and carpet.
The 1.26-acre property fronts US Route 1 and is situated between US Route 1 and I-295 in Freeport. Heating is provided by baseboard and oil systems, with heat pump cooling. Interior flooring includes laminate, ceramic tile, and carpet.
Key Highlights
- 1,616± square foot commercial building on 1.26 acres
- Leased through May 31, 2032; tenant pays utilities
- GC zoning
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
115k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 50%
Dining 41%
Shops & Services 5%
Hotels & Casinos 4%
McDonald's
Dining
27,911 visits/mo
0.1 miles
American Eagle Outfitters
Apparel
16,571 visits/mo
0.4 miles
Starbucks
Dining
11,519 visits/mo
0.3 miles
Coach
Apparel
7,454 visits/mo
0.3 miles
Domino's Pizza
Dining
5,170 visits/mo
0.2 miles
Demographics for 04032, ME
8,737
Population
4,133
Households
2.1
Avg Household Size
47
Median Age
57%
College-Educated
94%
High-School Grad
34.7 sq mi
ZIP Area
252
Density / Sq Mi
$108,864
Median Household Income
$48,222
Median Earnings
$1,436
Median Rent
$445,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Restaurant - The existing tenancy runs through May 31, 2032, with the tenant responsible for utility costs.
Where is this restaurant located?
The property is located at 150 U.S 1 Freeport, ME.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1,616± square foot commercial building on 1.26 acres; Leased through May 31, 2032; tenant pays utilities; GC zoning
