Malone Commercial Brokers is pleased to offer for sale its 4,091± SF fully equipped restaurant space at 476 Stevens Avenue on a prominent corner in Portland, Maine.
The space is now home to Elsmere BBQ and Wood Grill’s Portland location, which will remain open while the building is on the market. Elsmere’s South Portland is located on Cottage Rd. are open and unaffected by this sale.
The restaurant building underwent a major renovation in 2018 and features a full suite of kitchen appliances and accessories including mini-split HVAC, built-in booths, unique lighting fixtures, TV and audio systems, a large well-equipped bar, and walk-ins. Added. -Refrigerated and wheel-shaped Argentinian-style grill. There are 100 seats in the indoor space, two bars and additional picnic tables, and an additional 56 seats on the outdoor patio.
The highly residential Dearing Center is located between downtown Portland and Westbrook. This corner sees an average of 18,000 vehicles daily. It’s also home to the University of New England campus, several public schools, and extensive parks and trails.
Selling price: $1.65 million
This property is listed by Mike Anderson of Malone Commercial Brokers. Contact Mike at 207-318-5969 or [email protected]
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Main commercial real estate deal: October 2022
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