For Sale
$479,000

1306 Alfred RdArundel, ME 04046

Prime Arundel location, retail & residential.

Overview

Added:
Feb 3
Days on market:
60
This exceptional mixed-use property presents a unique investment opportunity in Arundel, Maine. Situated on a 0.83-acre lot on busy Route 111, this offering encompasses a total of 2,684 square feet of versatile space. The property includes a 1,566 square foot former barbeque restaurant, providing a ready-made space for a variety of food service businesses. Additionally, a 714 square foot residential house offers comfortable living quarters, ideal for an owner-operator. A further 660 square feet of commercial space is permitted for food trucks and a beer and wine garden, adding significant potential for revenue generation. The ample 0.83-acre lot provides extensive parking and excellent signage opportunities, ensuring high visibility for any business operating from the premises. The property's location on Route 111 guarantees high traffic volume, maximizing exposure and accessibility. A portion of this property is located within the town of Lyman. This combined residential and commercial offering is perfect for an entrepreneur seeking a blend of business and living space, or an investor looking for a multi-faceted income stream. The existing structures offer immediate potential, while the permitted uses for food trucks and a beer garden provide exciting avenues for expansion and diversification. Don't miss this chance to acquire a thriving business and comfortable home in a desirable Maine location.

Property Details for 1306 Alfred Rd

Property type
Mixed-use properties
Square Feet
2,684 SF
Year Built
1940
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Arundel
County
York
State
Maine
Latitude
43.4785
Longitude
-70.58617
1306 Alfred Rd, Arundel, Maine

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1306 Alfred Rd
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