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77 Main Street

Bradley, ME 04411
  • $1,350,000
  • STATUS: Active
  • MLS #: 1519005
UPDATED: 52 min ago
$1,350,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,704
    SQFT
Neighborhood:
Type:
Commercial
Built:
1870
County:
Area:

School Ratings & Info

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Description

Iconic Family owned & operated business and property for sale. Since 1933 Spencer's Ice cream in Bradley has been providing handmade premium ice cream to its patrons. In 89 years the business has seen many transitions, it was a general store, meat shop, pizza & food and a convenience store. All devised to keep operations going year round. In 2018 that changed when the current owners decided to concentrate on the core ice cream product and expand the geography by bringing it to the people. Wholesale, events, delivery, fundraisers were all added. The business exploded and the need for supplemental incomes gone. To protect this expansion, the name and logo for Spencer's Ice Cream was trademarked.The flagship location in Bradley built in 1870's needed a complete update- from top to bottom- including adding a complete building automatic generator. The upstairs had been an owner's quarters and they decided to convert this into two- one bedroom apartments. The walk in freezers were completely rebuilt with new refrigeration. Outside hardscape & a storage building finalized the development.The land was surveyed and found to contain 150 feet of waterfrontage on the Penobscot River and a right of way for an adjacent piece was owned by Spencer's. Now the business has not one or two but four streams of income. The three ice cream themed run in a seasonal cycle with wholesale going year round with a summer peak. The store going year round with a summer peak. Events and fundraisers peak in the fall and return in the spring. This stabilizes the ice cream business and its cash flow. The apartments and its recent change from long to short term rental has significantly boosted that cash flow. The owners can stay on to assist with a transfer of ownership and for the right buyer and situation, they would consider owner financing. All equipment included. Business as usual at Spencer's with winter hours and thriving biz!

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-05-17T12:48:37.503.
www.thenewenglandreco.com/homes/125305397
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77 Main Street Bradley, ME 04411

  • Price: $1,350,000
  • Status: Active
  • On Site: Days
  • Updated: 52 min ago
  • MLS #: 1519005
0
Beds
0
Baths
0
½ Baths
0.99
Acres
2,704
SQFT
$499
$/SQFT
1870
Built
Neighborhood:
Bradley
County:
Penobscot
Area:
Bradley
Property Description
Iconic Family owned & operated business and property for sale. Since 1933 Spencer's Ice cream in Bradley has been providing handmade premium ice cream to its patrons. In 89 years the business has seen many transitions, it was a general store, meat shop, pizza & food and a convenience store. All devised to keep operations going year round. In 2018 that changed when the current owners decided to concentrate on the core ice cream product and expand the geography by bringing it to the people. Wholesale, events, delivery, fundraisers were all added. The business exploded and the need for supplemental incomes gone. To protect this expansion, the name and logo for Spencer's Ice Cream was trademarked.The flagship location in Bradley built in 1870's needed a complete update- from top to bottom- including adding a complete building automatic generator. The upstairs had been an owner's quarters and they decided to convert this into two- one bedroom apartments. The walk in freezers were completely rebuilt with new refrigeration. Outside hardscape & a storage building finalized the development.The land was surveyed and found to contain 150 feet of waterfrontage on the Penobscot River and a right of way for an adjacent piece was owned by Spencer's. Now the business has not one or two but four streams of income. The three ice cream themed run in a seasonal cycle with wholesale going year round with a summer peak. The store going year round with a summer peak. Events and fundraisers peak in the fall and return in the spring. This stabilizes the ice cream business and its cash flow. The apartments and its recent change from long to short term rental has significantly boosted that cash flow. The owners can stay on to assist with a transfer of ownership and for the right buyer and situation, they would consider owner financing. All equipment included. Business as usual at Spencer's with winter hours and thriving biz!
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Parking 11 - 20 SpacesGarageOn SitePaved Roof Metal

Interior Features

Basement Crawl SpaceUnfinished Cooling Heat Pump Gas No Gas Heat Fuel Electric Heat System BaseboardHeat Pump

Property Features

Building Features CableGeneratorInternet Access AvailableSecurity System Electric Circuit BreakersGenerator Hookup Full Tax Amount Amount 2548.00 Leased Land No Leases No Location Water Frontage Property Uses Freestanding BuildingManufacturingRestaurantRetail Sewer Private Sewer Surveyed Yes Tax Year 2021 Water Public Zoning Res Zoning Overlay No

Listing provided courtesy of Realty Of Maine.

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-05-17T12:48:37.503.
 
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