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Property profile & analytics
OFF-MARKET
Turn key restaurants

31 Main St Orono, ME 04473-4001

2,014 SF 0.21 ac lot Built 1948
Entity Owned 9-yr Hold Free & Clear
Property ID
US42-0395075
Property summary
AI-generated overview

This thriving restaurant, Woodman's Bar & Grille, presents a unique opportunity for seasoned restaurateurs or aspiring entrepreneurs. Located at 31 Main St in the vibrant village of Orono, Maine (zip code 04473), this established business boasts a strong brand reputation built on consistent service, a popular menu, and a welcoming atmosphere. The 2,014 square foot space, built in 1948, is zoned for Village Commercial use and offers a turnkey operation, complete with all furniture, fixtures, and equipment included in the asking price of $199,000. This translates to a price per square foot of $98.81. Financial and lease information is available upon execution of a Confidentiality Agreement. Situated in Penobscot County, this property benefits from its prime location in a busy area, ensuring a steady stream of customers. This is an exceptional opportunity to acquire a well-established business with significant growth potential. Don't miss out on this chance to own a piece of Orono's thriving culinary scene.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,014 SF
Lot 0.21 ac (9,148 SF)
APN ORON M:027-002 L:020
UPID US42-0395075
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
  • Woodman's Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Drp LLC · 9 yrs held
Drp LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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