157 Elm Street Milo, ME

$450,000
Square Footage 4,668
Acres 1.10
Photo of 157 Elm Street Milo ME 04463




Description

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 & Concert Space: 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. Additionally, the outdoor concert space is perfect for hosting live music events.


Listed by NextHome NorthEast Realty, Richard Yost II 207-838-7773

Details

MLS 1601000
Status Active
Price $450,000
DOM 156 days
Type Commercial
Square Feet 4,668 sqft
Lot Size 1.10 acres
Year Built 9999
Taxes Paid $4,431

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $4,431

Room Details

Basement Description None

Map

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Financing

$
20%
0.98466666666667%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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