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Bean Group
Offered at $475,000Active
beds
—
baths
0
sq ft
1,500
Built
1969

856 River Road

Mexico, ME 04257

About this home

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.

Listing last checked: Listing updated:

Listed by Listing Agent · Meservier & Associates · MLS #1666762

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Details at a glance

Interior3 property facts
Heating
Electric, Propane
Cooling
Heat Pump
Flooring
Other
Building4 property facts
Style
Retail
Year built
1969
Foundation
Poured Concrete
Roof
Shingle
Land & utilities5 property facts
Lot size
1.55 acres
Water
Private, Well
Sewer
Private Sewer
Waterfront
Y
Zoning
Commercial
Financial2 property facts
Annual taxes
$3,083
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $475,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,659 / monthAdjust
Principal & interest
$2,402
Property tax
$257
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,083. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 856 River Road

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