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Restaurant with Apartment Units ForSale
For Sale
$765,000

64 Main Street, Richmond, ME 04357

Well-known restaurant with apartments and high traffic location.

Property Size6,214 SF
Price / SF$123.11
Days on Market244

Property Features for 64 Main Street

General Information

Standard status Active
Size 6,214 SF
Property subtype Multi-family

Building Details

Year Built 1900
Listing Agency: Malone Commercial Brokers,Inc.
Listed By: Cheryl Bonawitz
Source: Profoundrealestate
Added: Feb 4 Changed: Oct 6 Last Checked: Oct 5 at 8:30PM

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 Malone Commercial Brokers,Inc.

Investment Insights

Based on property information with market context.

This property features a well-known restaurant with a strong local presence. The restaurant includes indoor seating, a lounge, and outdoor seating. It is situated in a highly visible location on Main Street, which sees approximately 5,160 cars per day based on 2023 traffic counts. The restaurant offers a diverse menu of quality food and drinks. In addition to the restaurant, the property includes two apartment units that provide additional revenue. The sale includes furniture, fixtures, and equipment (FF&E). The property size is 4,348 square feet.

Key Highlights

  • Well‑known restaurant with a strong local presence.
  • Highly visible location with traffic counts on Main Street of 5,160± cars/day.
  • FF&E included in sale.

Property Analytics

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Current Use

Kimberly's Restaurant & Lounge Restaurant

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Plumbing Service Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby
Balanced
Demand for This Use

Demographics for 04357, ME

3,522
Population
1,697
Households
2.1
Avg Household Size
44
Median Age
29%
College-Educated
95%
High-School Grad
30.4 sq mi
ZIP Area
116
Density / Sq Mi
$66,667
Median Household Income
$46,425
Median Earnings
$1,058
Median Rent
$246,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Well-known restaurant with apartments and high traffic location.
Where is this conventional restaurant located?
The property is located at 64 Main Street Richmond, ME.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Well‑known restaurant with a strong local presence.; Highly visible location with traffic counts on Main Street of 5,160± cars/day.; FF&E included in sale.
More about this property
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