Description

A rare opportunity to own one of the Sebago's most recognizable mixed-use commercial properties! Home to Richards' Dairy Delight, a beloved local tradition since 1954, this high-visibility landmark has been serving generations of residents and visitors while enjoying a prime location in the heart of one of Maine's premier destinations. The first floor features a fully equipped, turnkey restaurant and ice cream business, with the business name and equipment conveying with the sale, allowing the next owner to continue its long-standing legacy or bring their own vision to this established location. Exceptional road frontage and slow 35MPH steady traffic make this an outstanding opportunity for an owner-operator or investor alike. Above the commercial space is a spacious four-bedroom apartment currently rented for $2,100 per month, providing immediate rental income while offering flexibility for future owner occupancy, employee housing, or continued investment. Ideally positioned on Route 114 alongside popular destinations including the Town Beach, Long Beach Marina, Sportsman's Kitchen & Keg, Jordan's Store, Sebago Lake Marina and Sebago Family Campground, this property benefits from excellent exposure in the center of the thriving Sebago Lake community. Whether customers are heading to the lake, the marina, or exploring the region, this iconic location is a familiar stop and a true local landmark. With an established business, rental income, valuable mixed-use zoning, and an unbeatable location in the heart of the Sebago Lake Region, this is a unique opportunity to invest in a property that combines history, visibility, and income potential. Continue a cherished tradition or create your own destination.

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Property information

Property type

Commercial Sale

Year built

1954

Living area

2,328 Sq Ft

Lot size

0.23 acres

Annual taxes (2025)

$3,408

HOA fee

None

Price / Sq Ft

$234

Days on market

59

Zoning

Village

Features

Cooling

Heat Pump

Heating

Electric · Baseboard · Heat Pump

Flooring

Carpet · Tile

Parking

On Site · Paved

Roof

Shingle

Construction

Wood Siding · Frame

Basement

Unfinished

Sewer / Water

Septic Tank · Private