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16 School Street

Sanford

$600,000

beds   ·   baths   ·   6,921 sqft   ·   0.1 acres   ·   taxes: $5,335   ·   MLS#: 1661483

RARE, TIME-SENSITIVE OPPORTUNITY! Turnkey restaurant and bar opportunity in the heart of Downtown Sanford. This fully equipped, multi-level hospitality property offers approximately 150 seats across three functional levels and is ideal for an owner-user, investor, brewery, sports bar, entertainment venue, or restaurant group looking to capitalize on Sanford's ongoing growth and revitalization. The first floor features a spacious main dining area with approximately 16 tables and a fully equipped commercial kitchen designed for high-volume service. The second level includes a 22-seat horseshoe sports bar with additional seating, six TVs, and an expanded entertainment-focused layout ideal for events, nightlife, and overflow dining. The finished lower level adds significant operational value with two walk-in coolers, a walk-in freezer, prep space, storage, and back-of-house support areas. Extensively renovated in 2019, the property offers updated finishes, improved functionality, and strong existing infrastructure throughout. Sale includes furniture, fixtures, equipment, and full kitchen setup, creating a true plug-and-play opportunity for a buyer looking to reopen quickly or launch a new concept. Additional features include public water and sewer, strong mechanicals, and a large public parking lot conveniently located next door. Located within Sanford's Urban Business zoning district, the property benefits from strong visibility, nearby businesses, increasing foot traffic, and substantial public and private investment in the surrounding area. Nearby redevelopment projects, new housing initiatives, and over $5M in EPA Brownfields funding continue to support long-term economic growth and demand in Downtown Sanford. Rare opportunity to acquire a large-scale hospitality property in one of Southern Maine's evolving downtown markets.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1973
  • Flooring : Carpet, Concrete, Tile, Vinyl, Other
  • Roof : Flat, Membrane
  • Basement : Finished, Full
  • Heating : Electric, Oil, Heat Pump, Hot Water
  • Cooling : Heat Pump

Site

  • Water Frontage : Yes
  • Water Body Type : Nearby
  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : Urban Business
Listing provided by EXP Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy