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856 River RoadMexico, ME 04257

Oxford County

$525,000List price
1,500Sq Ft
1969Year built
1.55Acre lot
3 months agoOn market

Description

856 River Road, also known as ''Jimmies,'' presents a rare opportunity to acquire a well-established and highly recognizable business with strong branding, a loyal customer base, and future growth potential. Situated on busy Route 2 with owned water frontage on the Androscoggin River, this turnkey property offers exceptional visibility, high traffic counts, and a setting easy to just stop. Included in the sale are numerous assets needed to continue operations, along with homemade recipes that have helped make Jimmies a local favorite, including what many consider ''the best lobster roll in Western Maine.'' Premium equipment, including but not limited to, a Taylor 794 soft serve, Taylor 490 milkshake machine and newer equipment throughout the kitchen for the next owner to hit the ground running. The property features its own septic system, drilled well, full basement, and approximately 28 parking spaces. Covered outdoor seating areas provide guests with a comfortable place to enjoy the river views rain or shine. Since 2020, the property has seen extensive updates and improvements throughout, including renovations to the restaurant, mechanical systems, walk-in cooler, and second-floor space finished with quality knotty pine craftsmanship. The upper level currently serves as office and storage space and offers potential for additional uses with appropriate approvals. Having successfully operated as a seasonal business for the past five years, this property offers tremendous upside for continued operation or expansion into a year-round restaurant concept. A truly turnkey opportunity with an established reputation in a prime high-visibility location.

Property Information

Property type
Commercial Sale
Sub-type
Retail
Year built
1969
Building area
1,500 Sq Ft
Lot size
1.55 acres
Zoning
Commercial
Days on market
117
MLS® Listing#
1666762

Property Features

Interior
Storage
Cooling
Heat Pump
Heating
Electric · Propane
Flooring
Other
Basement
Full · Unfinished
Parking
On Site
Lot features
Waterfront
Construction
Wood Siding · Steel Siding · Frame
Roof
Shingle
Security
Security System
Utilities
Cable Available
Sewer
Private Sewer
Water source
Private · Well

Financial Details

HOA
None
Annual taxes
$3,083Tax year 2024
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