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Two-Story Restaurant Building with Bar

16 School St. Sanford, ME 04073

16 School St., Sanford, ME, 04073
$312,000
For Sale
$312,000

COMMERCIAL - Sanford, ME

Days on Market23

Property Features for 16 School St.

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Listing Agency Keenan Auction Company, Inc.
2063 Congress St, South Portland, ME
Listed by Richard Keenan
Added: Jun 26 Checked: Jul 18 at 2:06 am
MLS# 11855463

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This remodeled 2019 restaurant building offers seating for approximately 150 guests across two floors. The first floor features the main dining room along with a commercial kitchen area. The second floor includes a horseshoe bar with space for 22 stools and seating for 75+ patrons.

The finished basement provides walk-in coolers and freezers, as well as a kitchen prep area and storage. Outdoor seating space is also included. The sale does not include restaurant equipment.

The property is offered via real estate foreclosure auction. The terms described include a $25,000 deposit, with the balance due within 45 days from the auction date, and additional requirements announced at sale. All personal property, food service equipment, furnishings, and electronics are scheduled to be sold together with the real estate as an entirety. Property reference is Tax Map K30, Lot 43, located at 16 School St., Sanford, Maine.

Key Highlights

  • Real estate foreclosure auction of a 150‑seat, 2‑story restaurant building at 16 School Street, Sanford, Maine
  • 6,900+/-SF restaurant facility remodeled in 2019, with main dining room and commercial kitchen on the first floor
  • Second floor features a horseshoe bar with space for (22) stools and seating for 75+ patrons

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Guerrero Maya Restaurant Back Street Sanford Restaurant

Suggested Use

Real Estate Agency Bakery Garden Center Catering Service Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Pet Grooming Service Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Remodeled 2019, this 150-seat two-story restaurant includes a commercial kitchen, horseshoe bar, and walk-in coolers.
Where is this conventional restaurant located?
The property is located at 16 School St. Sanford, ME.
What is the asking price?
The asking price for this property is $312,000.
What are key features of this property?
This property features: Real estate foreclosure auction of a 150‑seat, 2‑story restaurant building at 16 School Street, Sanford, Maine; 6,900+/-SF restaurant facility remodeled in 2019, with main dining room and commercial kitchen on the first floor; Second floor features a horseshoe bar with space for (22) stools and seating for 75+ patrons
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