Restaurant with Second-Floor
2511 Main Street, Rangeley, ME 04970
For Sale
$539,000
An operating restaurant combines two dining rooms, a bar, take-out retail, and outdoor deck seating.
Property Size5,812 SF
Lot Size0.25 Acres
Price / SF$92.74
Days on Market1263
Property Features for 2511 Main Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Road Access
Utilities to Site
Restaurant
Seating Capacity
Patio
Additional Details
Business Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Morton & Furbish Agency
(207) 864-5777
Listed By:
Margery Jamison
(207) 670-7350
Source:
Amerorealty
Added: May 24, 2023
Changed: Oct 31
Last Checked: Nov 6 at 2:20AM
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 Morton & Furbish Agency
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Investment Insights
Based on property information with market context.
Operating as a restaurant, the property offers 4,538 square feet of retail space with two dining areas, a bar, a take-out shop, restrooms, and a commercial kitchen with a walk-in cooler. A second-floor 3-bedroom apartment and office are included, along with 1,274 square feet of basement storage. The quarter-acre site also has a deck for outdoor dining and on-site parking. Built in 1902, the building has town water and sewer, air conditioning, a generator, an electric vehicle charging station, updated kitchen flooring, and foundation renovations.
The property is on Main Street in Rangeley, across from Rangeley Lake Town Park and Beach and near village amenities. Saddleback Mountain is 8 miles away. Commercial zoning allows retail, bed-and-breakfast, and professional office uses in addition to the current restaurant use.
The property is on Main Street in Rangeley, across from Rangeley Lake Town Park and Beach and near village amenities. Saddleback Mountain is 8 miles away. Commercial zoning allows retail, bed-and-breakfast, and professional office uses in addition to the current restaurant use.
Key Highlights
- Restaurant seats 90 and includes two dining areas, a bar, and a take‑out shop
- 4,538 square feet of retail space, plus 1,274 square feet of basement storage
- Second‑floor 3‑bedroom apartment and office
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04970, ME
1,632
Population
2,286
Households
0.7
Avg Household Size
55
Median Age
31%
College-Educated
94%
High-School Grad
224.8 sq mi
ZIP Area
7
Density / Sq Mi
$58,182
Median Household Income
$37,443
Median Earnings
$698
Median Rent
$287,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An operating restaurant combines two dining rooms, a bar, take-out retail, and outdoor deck seating.
Where is this conventional restaurant located?
The property is located at 2511 Main Street Rangeley, ME.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Restaurant seats 90 and includes two dining areas, a bar, and a take‑out shop; 4,538 square feet of retail space, plus 1,274 square feet of basement storage; Second‑floor 3‑bedroom apartment and office
