Our space would be centrally located in town and surrounded by local restaurants and Hotels.

You have easy access to beaches, mountains (skiing and hiking), awesome restaurants (Portland was named 2018 Restaurant City of the Year by Bon Appetit in 2018), a fantastic craft beer scene, far less traffic than found in some of the other states and also affordable!

Whats throwing me off is 1) It was built new and opened right before covid hit then shut back down, so there isnt much of a track record 2)there is a large commercial building on the property that serves as a store and a small deli style restaurant, and i would say neither are being run to their full potential (the owner would agree with that), but 3) the owner is willing to hold a large amount of paper on the deal. 

Fast food restaurant chains are growing as well but does that mean nobody should open any other kind of restaurant.

Brokers will be in a good position if they can find SBA loans to originate and send them to lenders who are PLP qualified.Still, that doesn't mean every restaurant, gas station, or hotel is going to be funded just because the numbers may work on paper for an SBA loan.

Tell me this, when you go to a restaurant to eat dinner, do you bring your own silverware and drinking glass or do you expect the restaurant to provide silverware and a drinking glass? 

I will also plan to hold it at a casual restaurant of some sort so we are flexible for food, if anyone wants drinks, dinner after, whatever.

Buying rentals for tax benefits is like opening a restaurant to feed yourself.Opportunity zones are to deal with capital gains.

If you remember the big Homes books from the late 70s/early 80s I used to deliver those to supermarkets and restaurants.

I actually took 2 development classes on the Masters Level, and currently I am in the Certificate program @ NYU for Real Estate Finance.I am looking to develop a small piece of land near the water that would serve as some sort of restaurant/bar.