112 Main StLincoln, ME 04457

Property Details for 112 Main St

Lot size

0.17 AC

Zone code

DOWNTO

Property type

Retail properties

Property subtype

Turn key restaurants

APN

LNCN M:139 L:053

APU

LNCNM139L053

Description

This thriving pizza parlor, located at 112 Main Street in the heart of Lincoln, Maine, presents a fantastic investment opportunity. The 1,200 square foot building sits on a 0.17-acre lot and is offered at $175,000. The business is established, fully operational, and enjoys a high level of popularity and consistent customer traffic. This turnkey operation includes all existing equipment and inventory, allowing for immediate commencement of operations upon purchase. The sale encompasses the entire business, including all fixtures, fittings, and current stock. No prior experience in the pizza industry is necessarily required, as the existing infrastructure and established customer base provide a strong foundation for continued success. The property's prime Main Street location ensures high visibility and accessibility, contributing to the business's consistent profitability. This is an exceptional chance to acquire a well-established, profitable business with significant growth potential. Financial records are available upon request to qualified buyers. Serious inquiries only. Don't miss this rare opportunity to own a successful and well-regarded business in a desirable location. Contact us today to schedule a viewing and explore this exciting investment prospect further.

• CAP approach

  CAP return

  Valuation

  6%

  $1,799,674

  6.5%

  $1,661,237

  7%

  $1,542,577

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,438,194

  Geo Method

  $2,438,194

• Alternative Use

  Use

  Valuation

  Residential

  $1,401,316

  Hospitality

  $1,283,598

  Educational

  $1,067,938

  Medical

  $1,104,666

  Retail

  $1,661,237

Location Insight

City

Lincoln

County

Penobscot

State

Maine

Latitude

45.3669

Longitude

-68.5035

CBSA code

12620

CBSA name

BANGOR, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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