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Property profile & analytics
OFF-MARKET
Retail space

171 Roosevelt Trl Naples, ME 04055

2,388 SF 2.98 ac lot
Property ID
US42-0382495
Property summary
AI-generated overview

This exceptional commercial property in Naples, Maine, presents a rare opportunity to acquire an established and iconic seafood restaurant. Located on Route 302, just over a mile from the Naples Causeway, this prime location offers maximum visibility in the heart of the Sebago Lakes Region. The property encompasses a generous 2.98-acre lot and includes four buildings: a main restaurant, a gift shop, and two sheds, plus a dedicated lobster tank house. Recent updates significantly enhance the property's value and functionality, including a new parking lot, roof, bar, take-out area, kitchen, bathrooms, and a dry storage shed. Further improvements include two new mini-split heating and cooling systems, a new dishwasher, ice machine, and eight brand new picnic tables. The restaurant boasts 2,388 square feet of space, situated on a lot identified by APN Map U06, Lot 001, within Cumberland County. The property is zoned for both residential and commercial use, offering flexibility for future development. The asking price is $350,000, translating to $146.57 per square foot. This turnkey operation is ready for a new owner to continue its legacy of success. The property's address is 171 Roosevelt Trail, Naples, ME 04055.

Property profile
Verified
Property type Retail space
Total area 2,388 SF
Lot 2.98 ac (129,809 SF)
APN Map U06, Lot 001
UPID US42-0382495
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
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CAP Approach CAP
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Comparable Approach Comparable
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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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