Lolita Restaurant on Munjoy Hill

Retail-Commercial for Sale
Catylist Listing ID: 30614174
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 877 SF
Sale Price: $480,000
Unit Price: $547.32 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 877 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/26/2020

Overview / Comments

Turnkey operation to lease (see retail listing) or purchase a 30-plus seat restaurant space in the heart of Munjoy Hill. Other uses such as retail would work, too. High visibility and next door to Rosemont Market.

For showings and more information, contact John Golden 207-838-1667 or email
john@mainerealtyadvisors.com

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 016-A-006002
Zoning: B-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Tenancy: Single Tenant
Number of Stories: 1
Typical SF / Floor: 877 SF
Property Condition: Excellent
Year Built: 1972
Year Renovated: 2014
Lot Frontage: 25 feet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,012 72,995 114,596
Median Age: 33.67 37.87 39.33
Households: 5,851 34,366 51,266
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.