1687 Bangor Road Linneus ( Maine, US - 04730) Built

$499,900
Price greatly reduced

First Choice Real Estate / MaineLandBroker.com

Scot Walker Scot Walker 207-532-4500 (Office) 207-538-1765 (Cell) 1-866-302-4602 (Fax) Request More Info

  • Grammy's Restaurant
  • Type: Commercial
  • Style: 1 1/2 Story "Restaurant"
  • Garage: 6-Stalls, Detached "40x60 & 24x24 Garages"
  • Size: 3,195 sq. ft. "1850 feet additional storage space in basement"
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 2.75 acres 490ft x 250ft
  • Suite: Yes
  • Year Built: 1948
  • Taxes: $2,958.00 (2014)
  • MLS #: 1426019
  • Basement: Yes, Full "1850 sq ft storage space"

Description

Now is the time to get into the service industry with the Covid 19 mandates lifted and take advantage of low interest rates and government grants that the seller has pre-apllied for to maybe help you. Grammy's is one of the most well known restaurants in the state and named top 10 restaurants in Maine. Average gross sales of 1.2 million from 2011 to 2019 and over $200,000 combined in profits and salary yearly to the owners! This is a no brainer opportunity. Grammy's now has a liquor license so opportunity for growth with the addition of beer and wine sales. A new septic system build with expansion in mind. Awarded Best Country Cooking in Yankee Magazine. Featured in 5 Magazine and 3 years in a row top on Yelp. Named 101 top snowmobiling pit stops in America by snogoer magazine. Over 50 Restaurant Awards! Certificate of Excellence Award with trip advisor. 31 years under this owner. The new owner can continue the success of the 70+ year restaurant tradition. The seller will work with a buyer, if desired, to get them started! The seller would love to sit down and discuss with a buyer how great of an opportunity this is as it is time for them to retire.

Attachments

Features

Exterior Finish

  • Log
  • Wood

Roof

  • Asphalt Shingles
  • Metal

View

  • Mountain View
  • Pasture

Cooling

  • Central Air
  • Zoned

Heating

  • Forced Air
  • Hot Water / Steam
  • Propane
  • Zoned

Sewer/Water Systems

  • Private
  • Septic
  • Well
P2#149496572
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Information is deemed to be correct but not guaranteed.