Seasonal Restaurant
For Sale
$300,000
6 School Street, Berwick, ME 03901
Commercial Sale, Berwick, ME
Property Size1,875 SF
Price / SF$160
Days on Market200
Property Features for 6 School Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
V/C
Lot features
Downtown
Standard status
Active
Size
1,875 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8780
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2002
Building materials
Vinyl Siding
Listing Agency:
RE/MAX Realty One · RE/MAX International
(207) 363-2497
Listed By:
Kirstin Fleming
(603) 422-3196
Added: Apr 16
Changed: Oct 8
Last Checked: Nov 1 at 5:06PM
MLS# 1658054
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This offering centers on an established seasonal restaurant business in Berwick, Maine. The operation serves ice cream, burgers, sandwiches, and related food items, with service running from April through the fall. The business has operated since 2002 and is associated with a 1,875-square-foot commercial property featuring vinyl siding, forced-air heat, central air, public water, and public sewer.
The business is located at 6 School Street in Berwick, providing a defined local setting for a food-service operation. The sale is for the business only, rather than the underlying real estate. Zoning is identified as V/C.
The business is located at 6 School Street in Berwick, providing a defined local setting for a food-service operation. The sale is for the business only, rather than the underlying real estate. Zoning is identified as V/C.
Key Highlights
- Established seasonal restaurant business operating since 2002
- Menu includes ice cream, burgers, sandwiches, and related food items
- Seasonal operating period runs from April through the fall
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 - Established food-service operation offering ice cream, burgers, and sandwiches from April through fall.
Where is this conventional restaurant located?
The property is located at 6 School Street 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: Established seasonal restaurant business operating since 2002; Menu includes ice cream, burgers, sandwiches, and related food items; Seasonal operating period runs from April through the fall
