Downtown Restaurant
For Sale
$299,000
7 Main Street, Bridgton, ME 04009
Former seafood restaurant space on a high-traffic downtown corridor with strong public visibility.
Property Size1,248 SF
Price / SF$239.58
Days on Market89
Property Features for 7 Main Street
General Information
Standard status
Active
Size
1,248 SF
Property subtype
General Commercial
Listing Agency:
Oberg Insurance & Real Estate Agency, Inc.
(207) 647-5551
Listed By:
Judith Oberg
(207) 647-5551
Source:
Xome
Added: May 6
Changed: Jul 10
Last Checked: Jul 16 at 6:39AM
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 Oberg Insurance & Real Estate Agency, Inc.
Investment Insights
Based on property information with market context.
This property is a conventional restaurant space that has been recently used as a seafood business. It presents a straightforward setup for a restaurant operator looking to take over an existing food service use, with the layout and improvements already aligned to a dining concept.
Located at 7 Main Street in Bridgton, Maine, the site benefits from a prime downtown setting and strong visibility. The property is positioned in a high-traffic area, supporting consistent drive-by awareness for a new or expanding restaurant.
For buyers or restaurateurs, the most practical appeal here is the continuity of use: a recently operated seafood restaurant space in a sought-after commercial downtown location. That combination can help reduce the time it takes to reestablish operations while keeping the focus on reopening and serving customers. If you’re evaluating a restaurant purchase in Bridgton, this is a turn-key-use property positioned for everyday street-level exposure.
Located at 7 Main Street in Bridgton, Maine, the site benefits from a prime downtown setting and strong visibility. The property is positioned in a high-traffic area, supporting consistent drive-by awareness for a new or expanding restaurant.
For buyers or restaurateurs, the most practical appeal here is the continuity of use: a recently operated seafood restaurant space in a sought-after commercial downtown location. That combination can help reduce the time it takes to reestablish operations while keeping the focus on reopening and serving customers. If you’re evaluating a restaurant purchase in Bridgton, this is a turn-key-use property positioned for everyday street-level exposure.
Key Highlights
- Former seafood restaurant space previously used as a seafood business
- Located on a high‑traffic downtown corridor with strong public visibility
- Heating and cooling include a heat pump system
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.5k | $18.00 |
| − Vacancy | −$3.8k | −$3.06 |
| EGI | $18.6k | $14.94 |
| − OpEx | −$4.7k | −$3.74 |
| NOI | $14.0k | $11.21 |
1,248 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$199.8K
$174.8K – $233.1K
NOI $13,984 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.0K
$300.1K – $400.2K
NOI $24,011 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
TD Bank
Shops & Services
2,549 visits/mo
0.4 miles
Citgo
Shops & Services
1,898 visits/mo
0.1 miles
KeyBank
Shops & Services
1,249 visits/mo
0.5 miles
Demographics for 04009, ME
5,298
Population
4,580
Households
1.2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
56.5 sq mi
ZIP Area
94
Density / Sq Mi
$86,386
Median Household Income
$48,737
Median Earnings
$1,196
Median Rent
$286,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former seafood restaurant space on a high-traffic downtown corridor with strong public visibility.
Where is this conventional restaurant located?
The property is located at 7 Main Street Bridgton, ME.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Former seafood restaurant space previously used as a seafood business; Located on a high‑traffic downtown corridor with strong public visibility; Heating and cooling include a heat pump system
