1200 Portland Rd
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1200 Portland Rd
9,938 SF Retail Building Arundel, ME 04046 $2,500,000 ($252/SF)
Executive Summary
Beautiful, well established restaurant in Southern Maine. This incredible restaurant has been completely renovated, with a fresh new exterior and interior, including updated restaurant equipment, furnace, electrical, walk in cooler, roof and more. The owners have successfully blended the historic charm of this 1700’s building with a modern comfortable ambiance. The restaurant has the capacity to hold large private parties and functions with its spacious open dining area, private outdoor patio, custom bar and large kitchen with abundant storage. In addition to the restaurant the building has additional income from two residential units.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
|
$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,938 SF
Building Class
B
Year Built
1800
Price
$2,500,000
Price Per SF
$252
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
2.00 AC
Parking
20 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
481 FT on Portland Rd
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | ARUN-000035-000000-000032 | Improvements Assessment | $833,800 (2023) |
| Land Assessment | $151,300 (2023) | Total Assessment | $985,100 (2023) |
PROPERTY TAXES
Parcel Number
ARUN-000035-000000-000032
Land Assessment
$151,300 (2023)
Improvements Assessment
$833,800 (2023)
Total Assessment
$985,100 (2023)
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1200 Portland Rd
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