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Commercial for Sale: 16 School Street, Sanford, ME 04073 SOLD

$735,000
$735,000
16 School Street, Sanford, ME 04073 SOLD
$735,000
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Selling Price: $735,000
Original List Price: $999,999
Sold at 73.5% of list price
Sold Date: 01/22/2024
Type Commercial
Square Feet 6,921 sqft
Lot Size 0.10 acres
Year Built 1973
Taxes Paid $4,058
City Sanford
County York
MLS 1561684
Status Closed
DOM 227 days
A great business opportunity to own a fully equipped 150-seat restaurant w/ 3 floors (6,900 sq ft. +-). The 1st floor is the main dining room w/ 16 tables and a fully equipped kitchen. Upstairs is the 22-seat horseshoe sports bar, w/ 19 tables and 6 TVs. The finished basement has two walk-in coolers, a walk-in freezer, a kitchen prep area, and plenty of storage. The owner remodeled the entire facility four years ago, giving it an updated look, expanded bar area, and greater functionality on the 2nd floor—a great business opportunity in Downtown Sanford, Maine.

Room Features

Basement Description Finished, Full

Lot & Building Features

Cooling Central Air, Heat Pump
Tax Year 2023
Taxes Paid $4,058

Price History of 16 School Street, Sanford, ME

Date Name Price Difference
08/21/2023 Price Adjustment $735,000 13.52%
08/02/2023 Price Adjustment $849,900 15.01%
06/09/2023 Listing Price $999,999 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Listed by Town Square Realty Group, Ann Lapierre & Stephen Cabana 207-324-2860
Sold by EXP Realty, Melissa Rioux 888-439-8743
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20%
0.55210884353741%
6.75%
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All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Town Square Realty Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.