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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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856 River Rd , Mexico, ME 04257
$525,000
Est. Payment: $1,166.67/mo
0 Bed
0 Bath
1500 Sqft
Status: Active | Days on site: 91
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3208 - 021717
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House 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.

Highlights

Listed by Kyle Charest , 207-897-8249 Meservier & Associates , 207-784-2525.

Property Type

Commercial Sale

Lot/Acreage
1.55

Year Built

1969

County

Oxford

Listing ID

1666762

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Cable,Internet Access Available
Air Cond:Heat Pump
Fireplaces:
Floor:Heavy Duty
Basement:Full,Unfinished
Other:
  • Additional:Storage
Water:Private,Well

Exterior Features

Lot:Business District,Water View,Waterfront
Zoning:Commercial
Roof:Shingle
Sewer:Private Sewer
Parking Features:21+ Spaces,On Site
Principal Interest
$1,167
Taxes
$257

Home Price

$525,000

Loan Details

30 yrs
%

Down Payment

20%
$105,000
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Monthly Price:
$1,166.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,166.67 $256.92 $0.00 $1,423.58
Yearly $14,000.00 $3,083.00 $0.00 $17,083.00
Total $420,000.00 $92,490.00 $0.00 $512,490.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Mexico, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.