Seasonal Dairy Bar Restaurant
For Sale
$300,000
6 School St, Berwick, ME 03901
Well-established seasonal restaurant business operating April through fall, serving ice cream, burgers, sandwiches, and more.
Property Size1,875 SF
Price / SF$160
Days on Market183
Property Features for 6 School St
General Information
Standard status
Active
Size
1,875 SF
Additional Details
Business Included
Yes
Building Details
Year Built
2002
Listing Agency:
RE/MAX Innovative Bayside
Listed By:
Kirstin M Fleming
(603) 422-3196
Source:
603propertygroup
Added: Apr 24
Changed: Oct 6
Last Checked: Oct 7 at 4:14PM
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 RE/MAX Innovative Bayside
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Investment Insights
Based on property information with market context.
This offering is for the business only: a long-established Dairy Delite restaurant operation presented as a turnkey opportunity. The concept serves ice cream, burgers, sandwiches, and more, supporting a seasonal operating schedule designed to run from April through the fall.
Dairy Delite is located in the heart of Berwick, Maine, and is described as being in a high-visibility area. The business also benefits from a reputation that has “stood the test of time,” with the current offering positioned as a way to step into a well-known operation.
For buyers seeking a proven seasonal favorite, this sale presents an opportunity to acquire a restaurant business with established community recognition and an already running seasonal model.
Dairy Delite is located in the heart of Berwick, Maine, and is described as being in a high-visibility area. The business also benefits from a reputation that has “stood the test of time,” with the current offering positioned as a way to step into a well-known operation.
For buyers seeking a proven seasonal favorite, this sale presents an opportunity to acquire a restaurant business with established community recognition and an already running seasonal model.
Key Highlights
- Seasonal restaurant business operating April through fall
- Serving ice cream, burgers, sandwiches, and more
- Business includes central air cooling and heating system (Heating: 3)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,677
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,540
$453.5K
Cap Rate 7%
$323,957
$324.0K
Cap Rate 9%
$251,967
$252.0K
Market Conditions
NOI Build-Up for 1,875 SF
Gross rent
$33.8K $18.00/SF
− Vacancy
−$3.5K −$1.87/SF
EGI
$30.2K $16.13/SF
− OpEx
−$7.6K −$4.03/SF
NOI
$22.7K $12.09/SF
Area
York County, ME
Vacancy
10.41%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,540
Cap Rate 7%
$323,957
Cap Rate 9%
$251,967
Alternative Uses
Best Use
Specialty Retail
$324.0K
$283.5K – $378.0K
NOI $22,677 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$594.4K
$520.1K – $693.4K
NOI $41,606 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Cumberland Farms
Shops & Services
17,136 visits/mo
0.1 miles
Aroma Joe's
Dining
4,962 visits/mo
0.0 miles
Citizens Bank
Shops & Services
1,592 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
1,148 visits/mo
0.4 miles
Aroma Joe's
Dining
398 visits/mo
0.3 miles
Demographics for 03901, ME
7,937
Population
3,617
Households
2.2
Avg Household Size
40
Median Age
35%
College-Educated
96%
High-School Grad
37.5 sq mi
ZIP Area
212
Density / Sq Mi
$77,790
Median Household Income
$53,333
Median Earnings
$1,237
Median Rent
$331,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Well-established seasonal restaurant business operating April through fall, serving ice cream, burgers, sandwiches, and more.
Where is this conventional restaurant located?
The property is located at 6 School St Berwick, ME.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Seasonal restaurant business operating April through fall; Serving ice cream, burgers, sandwiches, and more; Business includes central air cooling and heating system (Heating: 3)
