232 Caterpillar Hill Road, Sedgwick, ME 04673

Building Details

Building Size 1,510 SF More

Year Built 2008 More

Buildings 2 More

Listing Agency: Maine Real Estate Brokerage

Listed By: George MacLeod Show Phone

Source: Integrityhomesrealestategroup

Added: Aug 17, 2023 Changed: Nov 11 Last Checked: Nov 11 at 2:02AM

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Investment Insights

Based on property information with market context.

This restaurant property includes two buildings, an equipped commercial kitchen, and a mini-golf course. The improvements were built in 2008, and the former take-out restaurant ceased operating in 2019 following the owner’s retirement.

The property is on State Route 15 in Sedgwick, Maine. A drilled well and septic system are on site. Additional land and road frontage may be available through separate negotiation.

Key Highlights

• Two buildings with an equipped commercial kitchen
• Mini‑golf course on site
• Built in 2008

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Hair Salon Storage Facility Food Market Discount Store Clothing & Fashion Store

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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 04673, ME

144

Population

172

Households

0.8

Avg Household Size

60

Median Age

38%

College-Educated

97%

High-School Grad

3.0 sq mi

ZIP Area

48

Density / Sq Mi

$35,179

Median Earnings

$288,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Two buildings include a commercial kitchen, with a drilled well and septic system serving the site.

Where is this conventional restaurant located?

The property is located at 232 Caterpillar Hill Road Sedgwick, ME.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: Two buildings with an equipped commercial kitchen; Mini‑golf course on site; Built in 2008