Property profile

56 Main St Harrison, ME 04040

FOR SALE
Commercial real estate
Property ID
US42-0194516
1,078 SF 2.58 ac lot
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Property summary

AI-generated overview

This exceptional commercial property at 56 Main Street, Harrison, ME, presents a unique investment opportunity. The 1,078 square foot building boasts a rich history as a well-established restaurant, lounge, and bar with a seating capacity of 125 patrons. Its enviable location between Long Lake and Crystal Lake offers unparalleled access to recreational activities and year-round tourism. The property sits on a generous 2.58-acre lot, providing ample space and potential for expansion or outdoor seating. The building underwent extensive renovations in 1996, ensuring a modern and functional interior. Its proximity to busy Long Lake boat traffic and a nearby snowmobile trail guarantees a consistent flow of customers throughout the year. This turnkey business is ideally positioned to capitalize on the vibrant tourism and recreational opportunities in Harrison's picturesque village setting. The asking price is $699,000. This presents a rare chance to acquire a thriving business with significant growth potential in a highly desirable location. The property's established reputation and prime location make it an attractive investment for discerning buyers seeking a profitable venture in Maine's beautiful lake region. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Total area 1,078 SF
Lot 2.58 ac (112,385 SF)
UPID US42-0194516

Cap rate & NOI

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

Location

56 Main St Harrison, ME 04040
Harrison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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More about this property
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