6 Lebanon St, Sanford, ME 04073-3824

This exceptional 2,000-square-foot restaurant located at 6 Lebanon St, Sanford, ME 04073, is available for sale or lease. Built in 1945 and completely renovated in 2023, this turnkey operation boasts updated plumbing and electrical systems, ensuring a smooth transition for a new owner or tenant. The property sits on a 0.03-acre lot and is zoned UB, offering significant potential. With a seating capacity of 48, the restaurant comes fully equipped, including all necessary equipment as part of the lease. The asking price is $250,000, representing a price per square foot of $125. The property's strong location provides excellent road visibility, ensuring high traffic and customer exposure. Financial projections indicate a pro-forma NOI of $18,000 and a 7.20% pro-forma cap rate. The property is currently vacant, presenting a unique opportunity for immediate occupancy. All necessary zoning inspections have been completed. This is a rare opportunity to acquire a fully operational, updated restaurant in a prime Sanford location. The APN is SANF-000002-K000028.