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Off market
  • $305,300

    157 Elm St, Milo, ME 04463

    --beds
    --baths
    --sqft
    Single Family Residence
    Built in ----
    1.1 Acres Lot
    $305,300 Zestimate®
    $--/sqft
    $2,102 Estimated rent

    Home value

    $305,300

    $241,000 - $369,000

    $2,102/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,841/mo

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    $1,841/mo

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    What's special

    Step into a gorgeous turnkey business opportunity with Three Rivers, a fully equipped and operational restaurant and brewery located in the heart of Milo, Maine. This ready-to-operate property, which seats 85 patrons inside and 55 outside, is perfect for entrepreneurs looking to dive into the culinary and brewing industry without the hassle of starting from scratch. With its unique features and well-established customer base, this property offers immediate revenue potential. Looking to relocate? The house next door at 153 Elm Street is also FOR SALE! The house is the perfect space for owner's or staff quarters! Key Features: Fully Equipped Kitchen: The property comes with a state-of-the-art kitchen, allowing you to start operations immediately. From cold storage to high-end kitchen appliances, everything you need is already in place. Unique Brewing Facility: A beer lover's dream! The thoughtfully-constructed brewery was built to focus on mixed-fermentation beers, wood aging, and spontaneous fermentation. The facility boasts rare and unique features such as an open fermentation room - 1 of 3 in the state! - that allows you to not only brew beer efficiently, but creatively. Only interested in the restaurant operation? Lease the brewing space! Spacious & Trendy Dining Area: The 85-seat restaurant boasts a warm and inviting dining area that can accommodate a large number of guests, creating a cozy atmosphere for patrons. The farmhouse-style layout is designed to maximize comfort and efficiency, ensuring a pleasant and trendy dining experience. Outdoor Seating & Concert Space: Enjoy the scenic beauty of Milo with a charming 55-seat outdoor seating area - complete with a refurbished 1920s caboose! - is perfect for al fresco dining. This space also includes plastic enclosures to extend the outdoor dining season and provide additional guest space into the colder months. Additionally, the outdoor concert space is perfect for hosting live music events.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 14 hours ago

    Source: NextHome,MLS#: 1601000MLS Logo

    Facts & features

    Property

    Lot
    • Size: 1.10 Acres
    Details
    • Parcel number: MILOM002L044003000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Milo

    Price history

    DateEventPrice
    1/1/2025Listing removed$750,000
    Source: NextHome #1601000
    9/18/2024Listed for sale$750,000
    Source: NextHome #1601000

    Public tax history

    YearProperty taxesTax assessment
    2024$8,480 +91.4%$311,200 +67.9%
    2023$4,431 -7.9%$185,400
    2022$4,811 +0.8%$185,400

    Find assessor info on the county website

    Neighborhood: 04463

    Nearby schools

    GreatSchools rating
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