Seasonal Island Restaurant and
For Sale
$1,250,000
255 Diamond Avenue, Portland, ME 04109
A fully remodeled operation includes indoor dining, a wraparound deck, retail space, and a fully equipped kitchen.
Property Size1,500 SF
Price / SF$833.33
Days on Market14
Property Features for 255 Diamond Avenue
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
1850
Listed By:
Lorie Dana
(207) 720-0088
Source:
Landvest
Added: Oct 8
Changed: Oct 19
Last Checked: Oct 20 at 11:56PM
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 Lorie Dana
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Investment Insights
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This seasonal restaurant and bar occupies a 1,500-square-foot building constructed in 1850. Its open layout includes an intimate dining room for 30, bar and chef’s counter seating, and a separate preparation and dishwashing area. The kitchen is equipped with a six-burner gas stove, grill, fryer, oven, two refrigerators, and a large freezer. A retail section offers provisions and merchandise, while the wraparound deck has seating for eight. Furnishings, lighting, barware, kitchen equipment, serving ware, and a golf cart are included in the sale.
The property is on Diamond Avenue in Diamond Cove on Great Diamond Island, within the Fort McKinley Historic District. The business operates seasonally and has served lunch, dinner, takeout, private events, and catered meals. The building’s retail area reflects its former use as a general store.
The property is on Diamond Avenue in Diamond Cove on Great Diamond Island, within the Fort McKinley Historic District. The business operates seasonally and has served lunch, dinner, takeout, private events, and catered meals. The building’s retail area reflects its former use as a general store.
Key Highlights
- 1,500‑square‑foot restaurant and bar building constructed in 1850
- Dining room accommodates 30; wraparound deck seats eight
- Kitchen includes a six‑burner gas stove, grill, fryer, oven, two refrigerators, and a large freezer
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
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Business Placement
Demographics for 04109, ME
133
Population
330
Households
0.4
Avg Household Size
57
Median Age
88%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
111
Density / Sq Mi
$60,167
Median Earnings
$717,700
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A fully remodeled operation includes indoor dining, a wraparound deck, retail space, and a fully equipped kitchen.
Where is this conventional restaurant located?
The property is located at 255 Diamond Avenue Portland, ME.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1,500‑square‑foot restaurant and bar building constructed in 1850; Dining room accommodates 30; wraparound deck seats eight; Kitchen includes a six‑burner gas stove, grill, fryer, oven, two refrigerators, and a large freezer
