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$545,000
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Property Description
A rare opportunity to own one of the Sebago's most recognizable mixed-use commercial properties! Home to Richards' Dairy Delight, a beloved local tradition since 1954, this high-visibility landmark has been serving generations of residents and visitors while enjoying a prime location in the heart of one of Maine's premier destinations. The first floor features a fully equipped, turnkey restaurant and ice cream business, with the business name and equipment conveying with the sale, allowing the next owner to continue its long-standing legacy or bring their own vision to this established location. Exceptional road frontage and slow 35MPH steady traffic make this an outstanding opportunity for an owner-operator or investor alike. Above the commercial space is a spacious four-bedroom apartment currently rented for $2,000 per month, providing immediate rental income while offering flexibility for future owner occupancy, employee housing, or continued investment. Ideally positioned on Route 114 alongside popular destinations including the Town Beach, Long Beach Marina, Sportsman's Kitchen & Keg, Jordan's Store, Sebago Lake Marina and Sebago Family Campground, this property benefits from excellent exposure in the center of the thriving Sebago Lake community. Whether customers are heading to the lake, the marina, or exploring the region, this iconic location is a familiar stop and a true local landmark. With an established business, rental income, valuable mixed-use zoning, and an unbeatable location in the heart of the Sebago Lake Region, this is a unique opportunity to invest in a property that combines history, visibility, and income potential. Continue a cherished tradition or create your own destination.
Full Property Details
Full Property Details for 264 Sebago Rd
General
- Price: $545,000
- Taxes: $3,408 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1676014
- Updated: 8/13/2026
- Added to Site: 27 day(s) ago
Business
- Business Type: Church, Convenience Store, Freestanding Building, Off
Interior
- Flooring: Carpet, Tile
Parking
- Parking Features: On-Site Parking, Paved
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Baseboard, Heat Pump
Utilities
- Sewer: Septic Design Available, Septic Tank
- Water: Private
Structural Information
- Construction: Wood Frame, Wood Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 2,328
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Zoning: Village
- Lot Description: Rural
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $3,408
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 4A
Listed by Po-Go Realty (207) 839-3300
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Schools
Schools serving 264 Sebago Rd
School District:Sebago Public Schools
| Name | Grades | Distance |
|---|---|---|
Sebago Elementary School 283 Sebago Road, Sebago, ME 04029 | K-5 | 0.1 mi |
Lake Region High School 1877 Roosevelt Trail, Naples, ME 04055 | 9-12 | 10 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 264 Sebago Rd
Date
Details
Price
Change
Source
8/13/2026
Listed
$545,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 264 Sebago Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,408
9%
$229,672
—
2024
$3,133
5%
$229,672
—
2023
$2,981
25%
$229,672
—
2022
$2,389
6%
$229,672
—
2021
$2,262
12%
$229,672
59%
2020
$2,025
3%
$144,128
—
2019
$1,960
3%
$144,128
—
2018
$1,895
2%
$144,128
—
2017
$1,866
5%
$144,128
—
2016
$1,773
-6%
$144,128
—
2015
$1,888
-2%
$144,128
—
2014
$1,923
1%
$144,128
—
2013
$1,895
—
$144,128
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 264 Sebago Rd
264 Sebago Road, Sebago, ME 04029 (MLS# 1676014) is a Commercial property. 264 Sebago Road is currently listed for $545,000 and was received on August 13, 2026. Want to learn more about 264 Sebago Road? Do you have questions about finding other Commercial real estate for sale in Sebago? You can browse all Sebago real estate or contact a Coldwell Banker agent to request more information.

