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1301-1306 Alfred Rd
Arundel, ME 04046
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Perfect owner occupied business with 2 bedroom live in cottage. High traffic count. Multiple uses.
EXECUTIVE SUMMARY
Prime Mixed-Use Opportunity on Busy Alfred Road
High-visibility location with 13,800 cars per day.
This mixed-use complex offers multiple income streams and excellent upside potential, being sold “As Is”. The property includes:
• 28-Seat Café – easily convertible to a bar or restaurant.
• Log Cabin – equipped with 30/50 amp hook-ups for a food truck, food-production area, and beer garden — ideal for brand recognition, additional income, or commissary operations.
• Two-Bedroom Home – owner/operator can live on-site.
• Small Food Production Building with Beer Garden – plus a pad with 30/50 amp hook-up for a food truck.
Investment Highlights:
• Current CAP Rate: 7.8%
• Additional $9,000+ potential income from cabin/beer garden and food truck pad yielding a Pro-Forma 10% CAP.
• Perfect for an owner-operator or a financial investor looking to capture multiple revenue streams.
With its prime location, flexible layouts, and built-in infrastructure for food service and hospitality, this property is positioned for strong cash flow and brand growth.
High-visibility location with 13,800 cars per day.
This mixed-use complex offers multiple income streams and excellent upside potential, being sold “As Is”. The property includes:
• 28-Seat Café – easily convertible to a bar or restaurant.
• Log Cabin – equipped with 30/50 amp hook-ups for a food truck, food-production area, and beer garden — ideal for brand recognition, additional income, or commissary operations.
• Two-Bedroom Home – owner/operator can live on-site.
• Small Food Production Building with Beer Garden – plus a pad with 30/50 amp hook-up for a food truck.
Investment Highlights:
• Current CAP Rate: 7.8%
• Additional $9,000+ potential income from cabin/beer garden and food truck pad yielding a Pro-Forma 10% CAP.
• Perfect for an owner-operator or a financial investor looking to capture multiple revenue streams.
With its prime location, flexible layouts, and built-in infrastructure for food service and hospitality, this property is positioned for strong cash flow and brand growth.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,684 SF
Building Class
C
Year Built
1940
Price
$553,573 CAD
Price Per SF
$206.25 CAD
Cap Rate
7.80%
NOI
$43,179 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.83 AC
Zoning
R-4
Parking
20 Spaces (7.45 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | ARUN-000020-000000-000005 | Improvements Assessment | $120,044 CAD |
| Land Assessment | $85,569 CAD | Total Assessment | $205,613 CAD |
PROPERTY TAXES
Parcel Number
ARUN-000020-000000-000005
Land Assessment
$85,569 CAD
Improvements Assessment
$120,044 CAD
Total Assessment
$205,613 CAD
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