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Restaurant with On-Site Brewery

157 Elm Street, Milo, ME 04463

For Sale
$449,500

The property combines a commercial kitchen, indoor dining, outdoor seating, and dedicated brewing space.

Property Size4,668 SF
Price / SF$96.29
Days on Market814

Property Features for 157 Elm Street

General Information

Standard status Active
Size 4,668 SF
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $4,431

Amenities

outdoor concert space
refurbished 1920s caboose
plastic enclosures

Building Details

Building Size 4,668 SF
Stories 1
Listing Agency: Maine Values Real Estate
Listed By: Richard Yost III
Source: Integrityhomesrealestategroup
Added: Aug 20, 2024 Changed: Nov 11 Last Checked: Nov 10 at 6:01PM

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 Maine Values Real Estate

Rey
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Investment Insights

Based on property information with market context.

At 4,668 square feet, this restaurant and brewery includes a commercial kitchen with cold storage and cooking equipment, plus a brewing area designed for mixed fermentation, wood aging, and spontaneous fermentation. An open fermentation room is part of the brewing setup. The restaurant accommodates 85 diners indoors and 55 outdoors, and the brewing space may be leased separately from the restaurant operation.

Located at 157 Elm Street in Milo, Maine, the property has an outdoor concert area and a refurbished 1920s caboose. Plastic enclosures provide additional shelter around the outdoor seating area.

Key Highlights

  • 4,668‑square‑foot restaurant and brewery at 157 Elm Street, Milo, Maine
  • Indoor dining capacity for 85 and outdoor seating for 55
  • Brewing facility configured for mixed fermentation, wood aging, and spontaneous fermentation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Building Supply Storage Facility Pharmacy Auto Repair Shop Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04463, ME

2,766
Population
1,950
Households
1.4
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
144.6 sq mi
ZIP Area
19
Density / Sq Mi
$58,693
Median Household Income
$36,188
Median Earnings
$942
Median Rent
$100,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Restaurant - The property combines a commercial kitchen, indoor dining, outdoor seating, and dedicated brewing space.
Where is this restaurant located?
The property is located at 157 Elm Street Milo, ME.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: 4,668‑square‑foot restaurant and brewery at 157 Elm Street, Milo, Maine; Indoor dining capacity for 85 and outdoor seating for 55; Brewing facility configured for mixed fermentation, wood aging, and spontaneous fermentation
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