Malone Commercial Brokers is pleased to offer for sale a 4,091± SF, fully furnished restaurant space at 476 Stevens Avenue, which is on a prominent corner in Portland, Maine.
This space is the current home of Elsmere BBQ and Wood Grill’s Portland location, which will remain in business while the building is on the market. Elsmere’s South Portland location on Cottage Rd. is open and unaffected by this sale.
The restaurant building underwent an extensive renovation in 2018, adding mini-split HVAC, built-in booths, unique lighting fixtures, TV and audio systems, an extensive, well-appointed bar, and a whole suite of kitchen appliances and accessories, including walk-in refrigeration and a wheel-shaped, Argentinian style grill. The indoor space seats 100 with two bars and additional picnic tables, and the outdoor patio seats another 56.
Heavily residential Deering Center is located between downtown Portland and Westbrook. This corner sees an average daily vehicle count of 18,000±. It is also home to a University of New England campus, multiple public schools, and sprawling parks and trails.
SALE PRICE: $1.65 million
This property is listed by Mike Anderson of Malone Commercial Brokers. Please contact Mike at 207-318-5969 or mike@malonecb.com.
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