Premier Restaurant / For Sale

Business Opportunity for Sale
Catylist Listing ID: 30673486
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $3,730,000
In Opportunity Zone? Yes
Name of Establishment: Grace
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: A complete list of assets and equipment as well as financials are available upon request and a signed Confidentiality Agreement.
Last Updated: 6/17/2021

Overview / Comments

GRACE - 14,358± SF RESTAURANT

PROPERTY AND TURNKEY BUSINESS - ALL FF&E INCLUDED

Nationally recognized and successful restaurant and event venue in downtown Portland

Open format high-end restaurant — seats 175 plus additional room for events
27 historic stained glass windows

Restored woodwork and exposed beams and cathedral ceilings

Central bar beneath a triquetra chandelier and dining alcoves to the sides

Mezzanine dining overlooking the beautiful bar/restaurant

Open kitchen with state of the art equipment which was the former altar

Downstairs below the restaurant is the “great room” as an alternative or additional event venue

SALE PRICE: $3,730,000
Includes property, business assets and all FF&E

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,892 73,109 111,093
Median Age: 33.88 37.82 39.15
Households: 12,989 34,326 50,070
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.