Property profile

4 1st St Old Orchard Beach, ME 04064

OFF-MARKET
Turn key restaurants
Property ID
US42-0373518
5,200 SF 0.53 ac lot Built 1976
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,200 SF
Lot 0.53 ac (22,900 SF)
Zoning code DD-1
APN OOBH M:206 B:31 L:19
UPID US42-0373518

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Financial Advisor

Location

4 1st St Old Orchard Beach, ME 04064
Old Orchard Beach metro Census 6106 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Zoning & alternative use

DD-1 · Old Orchard Beach, ME
Zoning description

Downtown District-1 (DD-1) Sec. 78-716. - Purpose. The purpose of the downtown district 1 (DD-1) is to maintain the historical downtown area as the town’s principal commercial, service, and entertainment center for yearr…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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