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Sold

151 Main Street

151 Main Street, Ellsworth, ME 04605

$1,380,000
Riverside Cafe is rated the #1 restaurant in the Ellsworth area on Tripadvisor and is certainly a local favorite gathering spot. Very successful operation with kitchen, dining and bar area as well as multiple rentals on the property that help offset costs. Sitting at the Gateway to Downesat Maine and the Acadia Region the potential is unlimited and you even have your own parking lot in the back. Currently only operating for breakfast and lunch with excellent numbers so expanding the times and days would make an even stronger investment for an owner operator or investor, the current rents alone generate a 5-7% ROI and then you get a very successful restaurant business to generate even more on top of that. The owner is retiring after a successful 16 year run.

5,554 Sq.Ft. LIVING AREA

0.37 Acres lot

Steve Shelton

Steve Shelton

Features & Amenities

Interior

  • Flooring Wood

Area & Lot

  • Status Sold
  • Date Sold May 13, 2022
  • Living Area5,554 Sq.Ft.
  • Lot Area0.37 Acres
  • MLS® ID1518463
  • TypeCommercial
  • YEAR BUILT1941
  • NeighborhoodLamoine

Exterior

  • STORIES1
  • water SourcePublic
  • roofComposition, Fiberglass, Membrane, Shingle
  • lot featuresDowntown, Business District, Near Shopping
  • parking11 - 20 Spaces, On Site, Paved
  • HEAT TYPERadiator, Hot Water, Heat Pump
  • AIR CONDITIONINGHeat Pump
  • sewerPublic Sewer
  • SubstructureStone, Granite, Pillar/Post/Pier

Financial

  • Sales Price$1,380,000
  • Real Estate Tax $7,263/yr
  • Zoning Commercial

Lamoine

Rustic charm, natural surroundings, and a casually elegant atmosphere await in this charming community

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Steve listens carefully to his client's needs and does everything in his power to bring buyers and sellers together for a mutually satisfying real estate experience.
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Contact Details

Steve Shelton

Phone

(207) 460-4233

Email

[email protected]

Address

193 Main St. Ellsworth, ME 04605

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