Property summary
This exceptional opportunity presents a well-established and popular restaurant for sale in Ellsworth, Maine. Located at 78 Downeast Hwy, 04605, this 3,120 square foot restaurant is a turnkey operation, complete with all equipment and furnishings included in the sale price of $91,000. The property is zoned for commercial use and was built in 1980. The current lease is assignable, and the sellers will provide comprehensive training to ensure a smooth transition for the new owner. This restaurant boasts an excellent reputation and loyal customer base, presenting significant potential for substantial earnings and growth. Situated just a half-hour from the renowned Acadia National Park and Bar Harbor, this location offers a unique blend of business opportunity and the desirable coastal Maine lifestyle. The single-tenant net lease structure simplifies ownership and management, making this an attractive investment for experienced restaurateurs or those seeking a profitable venture in a thriving community. This is a rare chance to acquire a thriving business with a proven track record in a picturesque setting. Don't miss this chance to own a piece of Maine's culinary scene.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CTDD · Ellsworth, MEZoning
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Zoning designation
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