This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Restaurant & Brewery 157 Elm St

4,800 SF Retail Building Milo, ME 04463 £587,475 (£122/SF)

Investment Highlights

  • Turnkey Restaurant & Brewery
  • Land & Real Estate Included
  • Proven Track Record of Income

Executive Summary

This turnkey, fully operational restaurant and brewery is for sale on 1.1 acres of land in Milo, ME. The business closed on 8/3/24 and the property is ready for a new owner to take over operations.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,800 SF
Building Class
C
Year Built
1985
Price
£587,475
Price Per SF
£122
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
1.10 AC
Zoning
Commercial
Parking
26 Spaces (5.42 Spaces per 1,000 SF Leased)
Frontage
201 ft on Elm Street

Amenities

  • Fenced Lot
  • Tenant Controlled HVAC
  • Air Conditioning

About 157 Elm St , Milo, ME 04463

Step into a gorgeous turnkey business opportunity with Three Rivers, a fully equipped and operational restaurant and brewery located in the heart of Milo, Maine. This ready-to-operate property, which seats 85 patrons inside and 55 outside, is perfect for entrepreneurs looking to dive into the culinary and brewing industry without the hassle of starting from scratch. With its unique features and well-established customer base, this property offers immediate revenue potential. Key Features: Fully Equipped Kitchen: The property comes with a state-of-the-art kitchen, allowing you to start operations immediately. From cold storage to high-end kitchen appliances, everything you need is already in place. Unique Brewing Facility: A beer lover’s dream! The thoughtfully-constructed brewery was built to focus on mixed-fermentation beers, wood aging, and spontaneous fermentation. The facility boasts rare and unique features such as an open fermentation room – 1 of 3 in the state! – that allows you to not only brew beer efficiently, but creatively. Only interested in the restaurant operation? Lease the brewing space! Spacious & Trendy Dining Area: The 85-seat restaurant boasts a warm and inviting dining area that can accommodate a large number of guests, creating a cozy atmosphere for patrons. The farmhouse-style layout is designed to maximize comfort and efficiency, ensuring a pleasant and trendy dining experience. Outdoor Seating: Enjoy the scenic beauty of Milo with a charming 55-seat outdoor seating area – complete with a refurbished 1920s caboose! – is perfect for al fresco dining. This space also includes plastic enclosures to extend the outdoor dining season and provide additional guest space into the colder months. Outdoor Concert Venue: One of the standout features of this property is its outdoor concert venue. This space is perfect for hosting live music events, community gatherings, and private parties. The venue is equipped with a stage and sound system, providing an additional revenue stream and attracting a diverse crowd to your establishment. Parking: Ample parking space is available for both customers and staff, making it easy and convenient for everyone to access the restaurant and brewery. Turnkey Operation: With everything in place, you can start your business from day one. The sale includes all furniture, fixtures, and equipment, ensuring a smooth transition and immediate operation. Opportunities: This property offers tremendous potential for growth. Expand the brewery's distribution, host weddings or events, or introduce new menu items to attract more patrons. The possibilities are endless for an ambitious owner ready to take this business to new heights. Don’t miss out on this incredible opportunity to own a turnkey restaurant and brewery in the charming town of Milo, Maine. Act now and make this thriving business yours! For more information or to schedule a viewing, please contact Dustin Bulley of Northeast Hospitality Brokers at (207) 595-2324 or email info@nehospitalitybrokers.com

  • Listing ID: 32946859

  • Date on Market: 24/08/2024

  • Last Updated:

  • Address: 157 Elm St, Milo, ME 04463

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}