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    Property profile & analytics
    FOR SALE
    Retail space

    77 Main St Bradley, ME 04411

    2,704 SF 0.99 ac lot Built 2016
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US42-0469426
    77 Main St, Bradley, ME 04411 For Sale 1 / 44
    $649,000 2,704 SF
    77 Main St, Bradley, ME 04411
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    Property summary
    AI-generated overview

    This exceptional commercial property at 77 Main Street, Bradley, ME, presents a unique investment opportunity. Established in 1933, Spencer's Ice Cream boasts a renowned reputation for its premium, homemade product. The 2,704 square foot building sits on a 1.16-acre lot and offers a thriving retail operation, complemented by a successful mobile ice cream trailer business catering to various events. A rapidly expanding wholesale distribution network further enhances revenue streams. The property features a convenient drive-thru, ample indoor and outdoor seating, and has undergone a complete renovation within the last five years. This includes all new plumbing, electrical systems, and roofing, ensuring a seamless transition for the new owner with minimal immediate maintenance needs. Adding to the income potential, two newly constructed one-bedroom apartments on the upper level currently operate as a successful AirBnB, providing additional rental income. The building, originally constructed circa 1870, has been meticulously updated, offering a blend of historical charm and modern functionality. Priced at $789,000, this turnkey business presents a rare opportunity to acquire a well-established, profitable enterprise with significant growth potential. The seller is motivated and open to discussing various sale options.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2016
    Total area 2,704 SF
    Lot 0.99 ac (43,124 SF)
    Zoning code B
    APN BRAY M:014 L:002
    UPID US42-0469426
    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
    • Spencer's Ice Cream Grocery & Convenience Store Specialty Food Shop
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Joseph Romano · 2 yrs held
    Joseph Romano
    since 2023
    Last sale
    $378,600
    5 recorded transactions
    2023
    $378,600
    2018
    Price N/A
    2016
    Price N/A
    2016
    Price N/A
    2008
    $1,001
    Zoning & alternative use
    B · Bradley, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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