111 Bath Rd Brunswick, ME 04011-2603
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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