6 Lebanon St Sanford, ME 04073-3824
Property profile & analytics
6 Lebanon St Sanford, ME 04073-3824
- Turn key restaurants
- 1,399 SF
- 0.04 lot acres
Property ID
US42-0256053
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- 59 Thai Street Food / Restaurant
Property Details for 6 Lebanon St
- Year built
- 1945
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.04 lot acres
- Property size
- 1,399 SF
- Zone code
- DB
- Property type
- Turn key restaurants
- APN
- SANF M:0K28 B:2
- APU
- SANFM0K28B2
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- York
- State
- Maine
- Longitude
- -70.7778
- Latitude
- 43.4404
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,671
$38,600
$71,800
$110,400
-
$0.00
$0.00
$0.00
