Property summary
This exceptional investment opportunity presents a well-established country store and restaurant in Grand Lake Stream, Maine. The property, located at 3 Water Street, boasts 3,600 square feet on a one-acre lot (APN: GLSP-000003-000000-000009). Built in 1935, this two-story building includes a thriving general store, a popular breakfast, lunch, and dinner restaurant, and gas sales. The sale includes all business contents and inventory, ensuring a seamless transition for the new owner. A three-bedroom residence situated above the commercial space offers versatile options, including owner occupancy or potential short-term rental income in a high-demand tourist area. The property's prime location is near a public boat launch and numerous recreational trails, capitalizing on the region's renowned fly fishing, hunting, and outdoor activities. The business has a long-standing history, serving locals, sportsmen, families, and vacationers for decades, establishing a loyal customer base and proven profitability. This turnkey operation presents a unique chance to own a piece of Maine's rich history and vibrant outdoor recreation scene. The zip code is 04668.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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