198 Maine Mall Rd

    South Portland, ME 04106
    • $550,000
    • STATUS: Active
    • MLS #: 72316996
    UPDATED: 79 min ago
    $550,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1995
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Wai Kit Or of V & E Realty.

    Description

    A 23-yrs- well developed famous Buffet restaurant include chinese and japanese foods and located in one of the strip malls in South Portland of Maine. Beer and Wine license. 14,000 sq ft with 200 tables. It is a turn-key opportunity for to own the successful restaurant business. Rent $13,500 plus $2500 triple net, Gross income $200,000/m and only business for sale only $550,000. New updates includes cooling system and booths. Lease is 8 yr left , and first-fifth year remains the same rent and 2 of 5 years options.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-07-15T15:48:10.98.
    www.livecharlesgate.com/homes/83041847

    198 Maine Mall Rd South Portland, ME 04106

    • Price: $550,000
    • Status: Active
    • Updated: 79 min ago
    • MLS #: 72316996
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1995
    Built
    Neighborhood:
    Other
    County:
    Cumberland
    Area:
    Other
    Property Description
    A 23-yrs- well developed famous Buffet restaurant include chinese and japanese foods and located in one of the strip malls in South Portland of Maine. Beer and Wine license. 14,000 sq ft with 200 tables. It is a turn-key opportunity for to own the successful restaurant business. Rent $13,500 plus $2500 triple net, Gross income $200,000/m and only business for sale only $550,000. New updates includes cooling system and booths. Lease is 8 yr left , and first-fifth year remains the same rent and 2 of 5 years options.
    Exterior Features

    Building Construction Brick Location Shopping MallStripHighway AccessNeighborhood Parking Spaces 30

    Interior Features

    Basement No Elevator No Restrooms 2

    Property Features

    Business Hours 11:30-9:30 Business Opportunity Type Restaurant W/Liquor Disclosure No Gross Annual Income 2400000.00 Handicap Access No Net Operating Income 480000.00 Owner Training Yes Real Estate Included No Reason For Sale Personal Special Financing No Special Licenses Other (See Remarks) Tenant Expenses TaxesHeatAir ConditioningElectricWaterInsuranceTrash ServiceSnow Removal Terms Rent W/OptionLease Zoning 0000

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Wai Kit Or of V & E Realty.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-07-15T15:48:10.98.
     
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    Listing courtesy of Wai Kit Or of V & E Realty.