Historic Restaurant & Event Venue / For Sale

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30816534
Property Subtypes: Restaurant, Other
Building Size (RSF): 14,358 SF
Gross Building Area: See Agent
Gross Land Area: 0.20 Acres
Sale Price: $2,985,000
Unit Price: $207.90 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Grace
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2024

Overview / Comments

GRACE RESTAURANT
PROPERTY & TURNKEY BUSINESS - ALL FF&E INCLUDED

Seats 175 plus additional room for events

27 historic stained glass windows

Restored woodwork and exposed beams and cathedral ceilings

Modern circular bar under chandelier overhang, dining alcoves along walls

Mezzanine dining overlooking bar and restaurant

Open kitchen with state-of-the-art equipment in former alter location

Additional event venue in “Great Room” downstairs

Listed on National Register of Historic Places

Modern amenities and updates while honoring historical and architectural integrity of the building

Sale includes property, business assets and all FF&E

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_027 C011
Zoning: 9999
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Largest Nearby Street: Chestnut Street
Highway Access: I-295
Airports: Portland International Jetport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1836
Construction/Siding: Brick
Sprinklers: Wet
Lot Frontage: 9999
Water Service: Municipal
Sewer Type: Municipal

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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 Moody's assume any liability for errors or omissions.