Turnkey Restaurant and Bar
16 School Street, Sanford, ME 04073
New
COMMERCIAL - Sanford, ME
Type:Retail
Property size:
6,921 SFLot size:
0.10 AcresPrice / SF:
$104/SF- Added:
- May 11, 2026
- Days on Market:
- 2
- Last Refresh:
- May 12 at 4:06 pm
Property Features for 16 School Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Urban Business
- Rooms
- Basement
- Parking features
- On Street, Other, Off Street
- Basement
- Finished, Full
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 6,921 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5335
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Hot Water(Heating), Oil, Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1973
- Flooring type
- Carpet, Concrete, Tile, Vinyl
- Building materials
- Masonry, Brick
- Roof type
- Membrane, Flat
Listing agent Melissa Rioux (207) 286-7321
Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME (888) 439-8743
Listing date May 11, 2026
MLS# 1661483
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.
HighLights
- Turnkey restaurant and bar with furniture, fixtures, and equipment included for immediate operation.
- Multi‑level layout with approximately 150 seats across three functional levels (main dining, sports bar, and lower level prep/storage).
- Prime Downtown Sanford location with strong visibility, increasing foot traffic, and proximity to public parking.
- Extensively renovated in 2019 with updated finishes and improved functionality.
- Fully equipped commercial kitchen designed for high‑volume service.
- Located in Sanford's Urban Business zoning district, benefiting from ongoing economic growth and revitalization.
Overview
This multi-level hospitality property in Downtown Sanford presents a turnkey restaurant and bar opportunity. The property, extensively renovated in 2019, offers approximately 150 seats across three functional levels. It is suitable for an owner-user, investor, brewery, sports bar, entertainment venue, or restaurant group. The first floor features a spacious main dining area with approximately 16 tables and a fully equipped commercial kitchen designed for high-volume service. The second level includes a 22-seat horseshoe sports bar with additional seating and six TVs, with an expanded entertainment-focused layout suitable for events, nightlife, and overflow dining. The finished lower level provides operational value with two walk-in coolers, a walk-in freezer, prep space, storage, and back-of-house support areas. The sale includes furniture, fixtures, equipment, and a full kitchen setup. The property has public water and sewer, strong mechanicals, and is next to a large public parking lot. Located within Sanford's Urban Business zoning district, the property benefits from strong visibility, nearby businesses, and increasing foot traffic. Nearby redevelopment projects, new housing initiatives, and over $5M in EPA Brownfields funding support long-term economic growth in Downtown Sanford. The property size is 6,921 square feet and the lot size is 0.1 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Guerrero Maya
Restaurant
Back Street Sanford
Restaurant
Similar Places Nearby
- Wolves Club — 40 High St, Sanford, ME 04073
- Favorites Sanford Otb & Sports Pub — Sanford, ME 04073
- Mill Towne Tavern and Billiards — 898 Main St, Sanford, ME 04073
- Lafayette Club — 46 Winter St, Sanford, ME 04073
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- York
- State
- Maine
- Longitude
- -70.7734809
- Latitude
- 43.4385326
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Fully equipped, multi-level restaurant and bar in Downtown Sanford.
Where is this bar & pub located?
The property is located at 16 School Street Sanford, ME.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Turnkey restaurant and bar with furniture, fixtures, and equipment included for immediate operation.; Multi‑level layout with approximately 150 seats across three functional levels (main dining, sports bar, and lower level prep/storage).; Prime Downtown Sanford location with strong visibility, increasing foot traffic, and proximity to public parking.
