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Property profile & analytics
OFF-MARKET
Turn key restaurants

111 Bath Rd Brunswick, ME 04011-2603

900 SF 0.76 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US42-0428526
Property summary
AI-generated overview

This exceptional 900-square-foot commercial property, situated on a 0.76-acre lot at 111 Bath Road in Brunswick, Maine, presents a unique investment opportunity. Established in July 1955, the property is home to the renowned Fat Boy Drive-In, a beloved local landmark and popular tourist destination, particularly during the summer months. The drive-in restaurant offers a classic diner experience, serving burgers, onion rings, frappes, and more. Its prime location within a high-retail corridor ensures excellent visibility and accessibility. The property benefits from easy access to major highways via I-295, placing it within convenient reach of a large customer base. Furthermore, its proximity to the Cook's Corner shopping area, boasting over 1,000,000 square feet of retail space, including major national brands like Walmart, Hannaford, and numerous fast-food chains, guarantees significant foot traffic and brand synergy. This turnkey business includes all fixtures, furniture, and equipment (FF&E), allowing for immediate operation. The property offers the potential to continue operating as a successful drive-in restaurant or to be transformed into a new venture, capitalizing on its established location and high visibility. The asking price is $825,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 900 SF
Lot 0.76 ac (33,106 SF)
APN BRUN M:041 L:001
UPID US42-0428526
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lash LLC · 3 yrs held
Lash LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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