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Turnkey Restaurant and Bar

16 School Street Sanford, ME 04073

16 School Street, Sanford, ME, 04073
$600,000
For Sale
$600,000

Multi-level, fully equipped restaurant and bar with commercial kitchen and bar area, plus walk-in refrigeration and storage.

Property Size6,921 SF
Price / SF$86.69
Days on Market78

Property Features for 16 School Street

General Information

Standard status
Active
Size
6,921 SF
Property subtype
Retail

Building Details

Year Built
1973
Listing agency EXP Realty
Listed by Melissa Rioux
Source Xome
Added: May 5 Updated: Jul 21 at 3:29AM Checked: Jul 21 at 3:29AM

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 EXP Realty


Investment Insights

Based on property information with market context.

This turnkey multi-level hospitality property is set up for restaurant and bar operations, with approximately 150 seats across three functional levels. The first floor features a 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, along with an expanded entertainment-focused layout. The finished lower level provides back-of-house support with two walk-in coolers, a walk-in freezer, prep space, storage, and additional operational areas.

The property is located at 16 School Street within Sanford’s Urban Business zoning district. Public water and sewer are available, and a large public parking lot is located next door. The property was extensively renovated in 2019 and the sale includes furniture, fixtures, equipment, and a full kitchen setup intended to support a quick restart of operations.

The offering is presented as a plug-and-play restaurant and bar opportunity, with strong existing infrastructure and updated finishes throughout.

Key Highlights

  • Multi‑level restaurant and bar with approximately 150 seats across three functional levels
  • First floor includes a main dining area with approximately 16 tables and a fully equipped commercial kitchen for high‑volume service
  • Second level features a 22‑seat horseshoe sports bar with additional seating and six TVs

Property Analytics

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 - Multi-level, fully equipped restaurant and bar with commercial kitchen and bar area, plus walk-in refrigeration and storage.
Where is this conventional restaurant located?
The property is located at 16 School Street Sanford, ME.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Multi‑level restaurant and bar with approximately 150 seats across three functional levels; First floor includes a main dining area with approximately 16 tables and a fully equipped commercial kitchen for high‑volume service; Second level features a 22‑seat horseshoe sports bar with additional seating and six TVs
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