Price Reduced Listing
$450,000
( $96.40Per Sq Foot )
 $2,416 est/mo Sourced by Back At You

157 Elm Street , Milo, ME 04463

Milo, ME 04463

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Description

Step into a gorgeous turnkey business opportunity with Three Rivers, a fully equipped and operational restaurant and brewery located in the heart of Milo, Maine. This ready-to-operate property, which seats 85 patrons inside and 55 outside, is perfect for entrepreneurs looking to dive into the culinary and brewing industry without the hassle of starting from scratch. With its unique features and well-established customer base, this property offers immediate revenue potential. Key Features: Fully Equipped Kitchen: The property comes with a state-of-the-art kitchen, allowing you to start operations immediately. From cold storage to high-end kitchen appliances, everything you need is already in place. Unique Brewing Facility: A beer lover's dream! The thoughtfully-constructed brewery was built to focus on mixed-fermentation beers, wood aging, and spontaneous fermentation. The facility boasts rare and unique features such as an open fermentation room - 1 of 3 in the state! - that allows you to not only brew beer efficiently, but creatively. Only interested in the restaurant operation? Lease the brewing space! Spacious & Trendy Dining Area: The 85-seat restaurant boasts a warm and inviting dining area that can accommodate a large number of guests, creating a cozy atmosphere for patrons. The farmhouse-style layout is designed to maximize comfort and efficiency, ensuring a pleasant and trendy dining experience. Outdoor Seating & Concert Space: Enjoy the scenic beauty of Milo with a charming 55-seat outdoor seating area - complete with a refurbished 1920s caboose! - is perfect for al fresco dining. This space also includes plastic enclosures to extend the outdoor dining season and provide additional guest space into the colder months. Additionally, the outdoor concert space is perfect for hosting live music events.

Details

MLS#1601000
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year9999
Days On Site150
Listing Provided ByNextHome NorthEast Realty | Richard Yost II

Features

SQ Feet4,668
Story(s)1
ZoningUnknown
Acreage1.10

Market Activity 04463

    
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyPiscataquis
CityMilo
Zip Code04463
Listing VS Median (in 04463)
Price:
$450,000
low | high
Med:
$146,950
100% of Average
SqFt:
4,668
low | high
Med:
924
100% of Average
$ / SqFt:
$96
low | high
Med:
$214
72.248666666667% of Average
On Site:
150
low | high
Med:
130.500000
100% of Average
Sourced by Back At You
Listing Updated: January 10, 2025 at 9:22:23 AM PST