Ad #7828613
MLS #1661483
RARE, TIME-SENSITIVE OPPORTUNITY! Turnkey restaurant and bar
16 School St, Sanford, Maine, 04073
$650,000
0Beds
0Baths
6,921Sqft
0.100Acres
About this property
RARE, TIME-SENSITIVE OPPORTUNITY! Turnkey restaurant and bar opportunity in the heart of Downtown Sanford. This fully equipped, multi-level hospitality property offers approximately 150 seats across three functional levels and is ideal for an owner-user, investor, brewery, sports bar, entertainment venue, or restaurant group looking to capitalize on Sanford's ongoing growth and revitalization. The first floor features a spacious main dining area with approximately 16 tables and a fully equipped commercial kitchen designed for high-volume service. The second level includes a 22-seat horseshoe sports bar with additional seating, six TVs, and an expanded entertainment-focused layout ideal for events, nightlife, and overflow dining. The finished lower level adds significant operational value with two walk-in coolers, a walk-in freezer, prep space, storage, and back-of-house support areas. Extensively renovated in 2019, the property offers updated finishes, improved functionality, and strong existing infrastructure throughout. Sale includes furniture, fixtures, equipment, and full kitchen setup, creating a true plug-and-play opportunity for a buyer looking to reopen quickly or launch a new concept. Additional features include public water and sewer, strong mechanicals, and a large public parking lot conveniently located next door. Located within Sanford's Urban Business zoning district, the property benefits from strong visibility, nearby businesses, increasing foot traffic, and substantial public and private investment in the surrounding area. Nearby redevelopment projects, new housing initiatives, and over $5M in EPA Brownfields funding continue to support long-term economic growth and demand in Downtown Sanford. Rare opportunity to acquire a large-scale hospitality property in one of Southern Maine's evolving downtown markets.
Property Features
0 Beds
0 Baths
6,921 Sqft
Built in 1973
0.100 Acres
Off Street, On Street, Other
Siding: Masonry, Brick
Flat, Membrane Roof
Hot Water(Heating), Electric (Heating), Heat Pump (Heating), Oil
$5,335 / yr property tax
York County
Additional Photos
Contact Information
Melissa Rioux
EXP REALTY LLC
207-286-7321
Location
Listing Agent: Melissa Rioux 207-286-7321
Broker: EXP REALTY LLC 856-207-1951 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: EXP REALTY LLC 856-207-1951 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jun 8, 2026
Photo Gallery
$650,000
0
Beds
0
Baths
6,921
Sqft
16 School St, Sanford, Maine, 04073
By contacting this agent you agree to these Terms and Conditions.
MLS# 1661483
RARE, TIME-SENSITIVE OPPORTUNITY! Turnkey restaurant and bar
$650,000
16 School St, Sanford, Maine, 04073
0
Beds
0
Baths
6,921
Sqft
0.100
Acres
$650,000
16 School St, Sanford, Maine, 04073
0 Beds
0 Baths
6,921 Sqft
0.100 Acres
Accessibility Features
Accessible Approach with Ramp
RARE, TIME-SENSITIVE OPPORTUNITY! Turnkey restaurant and bar opportunity in the heart of Downtown Sanford. This fully equipped, multi-level hospitality property offers approximately 150 seats across three functional levels and is ideal for an owner-user, investor, brewery, sports bar, entertainment venue, or restaurant group looking to capitalize on Sanford's ongoing growth and revitalization. The first floor features a spacious main dining area with approximately 16 tables and a fully equipped commercial kitchen designed for high-volume service. The second level includes a 22-seat horseshoe sports bar with additional seating, six TVs, and an expanded entertainment-focused layout ideal for events, nightlife, and overflow dining. The finished lower level adds significant operational value with two walk-in coolers, a walk-in freezer, prep space, storage, and back-of-house support areas. Extensively renovated in 2019, the property offers updated finishes, improved functionality, and strong existing infrastructure throughout. Sale includes furniture, fixtures, equipment, and full kitchen setup, creating a true plug-and-play opportunity for a buyer looking to reopen quickly or launch a new concept. Additional features include public water and sewer, strong mechanicals, and a large public parking lot conveniently located next door. Located within Sanford's Urban Business zoning district, the property benefits from strong visibility, nearby businesses, increasing foot traffic, and substantial public and private investment in the surrounding area. Nearby redevelopment projects, new housing initiatives, and over $5M in EPA Brownfields funding continue to support long-term economic growth and demand in Downtown Sanford. Rare opportunity to acquire a large-scale hospitality property in one of Southern Maine's evolving downtown markets.
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Property Details
HOME DETAILS
0 Beds
0 Baths
6,921 Sqft
Built in 1973
0.100 Acres
EXTERIOR
Off Street, On Street, Other
Siding: Masonry, Brick
Flat, Membrane Roof
INTERIOR
Hot Water(Heating), Electric (Heating), Heat Pump (Heating), Oil
FINANCIAL & COMMUNITY
$5,335 / yr property tax
York County
See More Details
Location
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Ad Statistics
Ad Number
7828613
Viewed
3 times
Listing Status
Active
Added
Jun 04, 2026
Last Refresh
Jun 08, 2026 09:04:43 PM
Listing Information
Data Source
Maine Listings
Source Property ID
1661483
Listing Agent: Melissa Rioux 207-286-7321
Broker: EXP REALTY LLC 856-207-1951 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: EXP REALTY LLC 856-207-1951 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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