Rare opportunity to acquire both a highly successful neighborhood deli and market and the underlying income-producing real estate in Greater Portland.

This business has served as a cornerstone of the neighborhood, earning a loyal customer following and becoming a trusted destination for local residents, commuters, boaters, and visitors. The business consistently generates annual gross revenues between $1.3 million and $1.5 million demonstrating a track record of stable performance market demand.

Located on a prominent corner lot along one of South Portland's busiest commercial corridors, the property benefits from excellent visibility, convenient access, dedicated parking, and traffic counts exceeding 13,000 vehicles per day. The business enjoys a unique competitive position within the neighborhood, with no comparable market serving the immediate area. This limited competition, combined with a strong local customer base and exceptional community goodwill, has helped establish the business as a neighborhood institution.

The offering is particularly attractive for an owner-operator seeking to control both their business and real estate. In addition to the market, the property includes a second-floor residential apartment that can provide supplemental rental income or serve as an owner's residence. The property also includes a small commercial tenant, creating additional income and further diversifying cash flow. Together, the market, apartment, and commercial tenant create multiple revenue streams that are rarely found in a business of this size.

The surrounding market continues to provide strong customer demand. Several yacht clubs, marinas, and waterfront destinations are located nearby, generating additional traffic from boaters and visitors traveling through the neighborhood. The business has become a convenient stop for groceries, prepared foods, beverages, convenience items, and everyday essentials.

A new owner will also find meaningful opportunities for future growth. The current operation is closed on Sundays despite strong weekend activity within the neighborhood. Opening on Sundays represents an immediate opportunity to increase sales. Additional upside exists through expanding fresh produce, prepared foods, specialty grocery items, local products, and other convenience-oriented offerings.

With an established brand, loyal customer base, strong financial performance, income-producing real estate, and multiple avenues for growth, this opportunity is ideally suited for an entrepreneur, family operator, or investor seeking a stable business with tangible real estate value and long-term upside.

Highlights:

• Business and real estate included in sale
• Consistent net revenues for the property exceed $200K, placing the investment at roughly a 16% Cap Rate.
• Annual gross revenues of $1.3M–$1.5M
• Strong local following and community presence
• Prime corner location with excellent visibility
• Traffic counts exceeding 13,000 vehicles per day
• Second-floor apartment for owner occupancy or rental income
• Additional commercial tenant providing rental income
• Limited direct competition in the immediate market area
• Opportunity to increase sales through expanded hours and product offerings
• Turnkey operation with long operating history