Restaurant Property 337 Cumberland Avenue Portland REAL ESTATE ONLY Maria s Ristorante is relocating Brokers: Joe Malone, CCIM (207) 773-2554 direct (207) 358-7911 direct fax joe@malonecb.com Jennifer Small (207) 772-6871 direct (207) 358-7918 direct fax jennifer@malonecb.com For Sale What: Building SF: 8,722± SF Site Size: Use: Parking: Zone: Real estate only at 337 Cumberland Avenue (Maria s Ristorante) and 14 Portland Street (Parking) 0.26± acres Restaurant, retail On site B3 with Downtown Entertainment Overlay Zone MALONE Commercial and Investment Real Estate Malone Commercial Brokers, Inc. 5 Moulton Street Portland, Maine 04101 (207) 772-2422 office www.malonecb.com
337 Cumberland Avenue Portland Property Summary ADDRESS: OWNER: ZONE: TOTAL SITE SIZE: TOTAL BUILDING SF: EXISTING CONFIGURATION: STORIES: 1 BASEMENT: BUILT: 1926 CONSTRUCTION: ELECTRICAL: HVAC: CEILINGS: 10± LIGHTING: FLOORING: RESTROOMS: UTILITIES: PARKING: SALE PRICE: BROKERS: 337 Cumberland Avenue Portland, Maine Anthony and Madeline Napolitano B3 Downtown with DEOZ (Downtown Entertainment) Overlay Zone 0.26± acres 8,722± SF Front dining room for 50 and 25 in the lounge/bar area. Function room can accommodate up to 80 and 40 in a downstairs dining room (currently not used except for storage). Full (used for dry storage) Brick/stone 3-phase service (2) roof top gas units Chandeliers and recessed fixtures mix Carpet/tile mix Men s & Women s (2 stalls each); Employee restroom with shower Public water and sewer 27± spaces on site DEED REFERENCE: Cumberland Co. of Deeds Book 11868, Pg 239 & Book 29934, Pg 163 $895,000.00 (Real Estate Only) - Maria s will be relocating Note: FF&E that is available will be at a cost above the sale price. Joe Malone, CCIM (207) 773-2554 direct (207) 358-7911 direct fax joe@malonecb.com Jennifer Small (207) 772-6871 direct (207) 358-7918 direct fax jennifer@malonecb.com Malone Commercial Brokers, Inc., is representing the Seller in the marketing, negotiation, and sale and/or lease of this property. While information furnished is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals. MALONE COMMERCIAL BROKERS, INC.
337 Cumberland Avenue Portland 14 PORTLAND ST PARCELS 337 CUMBERLAND AVE PARCEL Parcel Sum m ary 337 Cumberland Avenue Restaurant 14 Portland Street * Parking Lot ASSESSOR REFERENCE: Map 33, Block K, Lot 9 Map 33, Block K, Lots 5, 6, 7 and 13 REAL ESTATE TAXES: $10,819.62 (2012) $1,950.50 (2012) TOTAL ASSESSED VALUE: $ 204,600.00 Land $ 473,940.00 Buildings $ 678,540.00 Total * Restaurant entrance off parking lot as well as entrance off Cumberland Avenue Member of International Council of Shopping Centers Individual Members
337 Cumberland Avenue Portland 337 Cumberland Avenue Portland The property is located near the Arts District and Downtown areas as well as Bayside on the Portland Peninsula. There has been a great deal of new development in the Bayside area during the past decade. I-295 Exits 6 and 7 are within a few minutes. EXIT 6 FOREST AVE EXIT 7 FRANKLIN ST AAA Northern New England Portland Foot & Ankle 14 Portland St City Hall Alder St Portland Portland St St Post Office SUBJECT Cumberland Cumberland Ave Ave Preble St Portland Museum of Art 337 Cumberland Ave MALONE COMMERCIAL BROKERS, INC. Member of International Council of Shopping Centers Individual Members
337 Cumberland Avenue Portland CLOCKWISE FROM RIGHT: Dining room, bar area, dining room, dining tables in bar area, bar MALONE COMMERCIAL BROKERS, INC.
Area Map 337 Cumberland Avenue Portland 1 mi SUBJECT Malone Commercial Brokers, Inc., is representing the Seller in the marketing, negotiation, and sale and/or lease of this property. While information furnished is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals. Member of International Council of Shopping Centers Individual Members
MALONE Commercial and Investment Real Estate Brokers: Joe Malone, CCIM (207) 773-2554 direct (207) 358-7911 direct fax joe@malonecb.com www.malonecb.com Jennifer Small (207) 772-6871 direct (207) 358-7918 direct fax jennifer@malonecb.com www.malonecb.com