264 Sebago Rd

264 Rd , Sebago, Maine, 04029 | 2,400 sq.f | $ 595,000

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About This Restaurant

Investment Highlights

Executive Summary

This quality 2 unit is an ideal mixed use investment opportunity or the ideal owner occupied multi-unit. Ground level and working basement are home to the iconic Richard Dairy Delight. For over 70 years, this business has delighted the Lakes region with frozen treats and fresh eats. Just off Big Sebago, this location draws in locals, summer folk, and thousands just out for a summer drive. The current owners have invested in everything from ovens to freezers and ice cream machines to state of the art point of sale. Currently leased the owners retain the name and equipment and these would transfer with the sale. The upper level is an expansive and updated residence with sunporch, open concept living area, a well appointed kitchen, 4 bedrooms, 1 full bath, fireplace...Listing Agency must accompany all showings. Require 48 hours notice and will be showing Monday-Friday 10am - 4pm.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,400
  • Building Class    C
  • Year Built/Renovated    1900/2020
  • Price    595,000
  • Price Per SF    248
  • Percent Leased    50
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.22
  • Land Acres    0.25 AC

Amenities

  • Restaurant
  • Signage
  • Air Conditioning

Property Taxes

Parcel Number SEBA-000021-000004-A000000 Improvements Assessment $72,500
Land Assessment $157,172 Total Assessment $229,672
Date Created: 2024-07-16 04:16:17 Last Updated: 2024-07-16 04:16:17
Address: 264 Rd , Sebago, Maine, 04029