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Property profile & analytics
OFF-MARKET
Commercial real estate

2 Founders St St Patten, ME 04765

1,956 SF 0.11 ac lot Built 1968
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a unique opportunity for a savvy investor or entrepreneur. Located at 2 Founders Street in Patten, Maine, this 1,956 square foot restaurant sits on a 0.11-acre lot. Its strategic location near Baxter State Park, Shin Pond, and the Katahdin Woods and Waters National Monument provides unparalleled access to a robust tourism market. The property is being offered at $340,000 and is a fully equipped, turnkey operation, meaning a new owner can begin operations immediately. All necessary kitchen equipment and furnishings are included in the sale, eliminating the significant start-up costs associated with establishing a new restaurant. The existing business boasts a loyal customer base, providing a solid foundation for continued success. This presents a rare chance to acquire a well-established, profitable venture in a desirable location with high tourism potential. The property's size and existing infrastructure offer significant potential for growth and expansion, making it an attractive investment opportunity with strong long-term prospects. The sale includes all existing equipment and furnishings, allowing for immediate operation. This is a truly exceptional opportunity to own a thriving business in a picturesque and popular Maine location.

Property profile
Verified
Property type Commercial real estate
Year built 1968
Total area 1,956 SF
Lot 0.11 ac (4,792 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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