INVESTMENT PROPERTY Fully leased property located on Walnut Hill Road in North Yarmouth. The property features two buildings. The first is a 4,624± SF 2-story building, with the 2,999± SF restaurant on the first floor and two apartments on the second floor. The second building is the barn and event center, which consists of 1,262± SF on the first floor with an additional 946± SF of unfinished attic space. The property has featured significant updates in the past three years, including complete renovations of the Barn, Restaurant and the two-bedroom Apartment. The main building had a new shingle roof placed in December 2023.
| MLS # | 1590018 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 889 |
| Listing Provided By | Malone Commercial Brokers, Inc. | Karen Rich |
| SQ Feet | 6,749 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | Village Center |
| Acreage | 0.52 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Heat Pump |
| Accessibility Features | Accessible Approach with Ramp |
| Building Features | Fire System, Other Equipment |
| Roof | Membrane, Pitched, Shingle |
|---|---|
| Foundation Details | Stone, Granite, Brick/Mortar |
| Lot Features | Other, Suburban |
| Construction Materials | Wood Frame, Other, Vinyl Siding, Wood Siding |
| Exterior Co Exterior | Vinyl Siding, Wood Siding |
| Parking Features | 21+ Spaces, On Site, Paved |
|---|
| Sewer | Private Sewer, Septic Tank |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 11046 |
|---|---|
| Tax Book Number | 38857 |
| Tax Year | 2023 |
| Tax Lot | 029 |
| Tax Map Number | 007 |
| State | ME |
|---|---|
| County | Cumberland |
| City | North Yarmouth |
| Zip Code | 04097 |
| Area | Cumberland |
| Listing VS Median (in 04097) | |
Price: $1,295,000 low | high Med: $700,000 sqft: 6,749 low | high Med: 1,900 $ / sqft: $192 low | high Med: $368 On site: 889 low | high Med: 65 | |
| State | ME |
|---|---|
| County | Cumberland |
| City | North Yarmouth |
| Zip Code | 04097 |
| Area | Cumberland |
| Listing VS Median (in 04097) | |
Price: $1,295,000 low | high Med: $700,000 sqft: 6,749 low | high Med: 1,900 $ / sqft: $192 low | high Med: $368 On site: 889 low | high Med: 65 | |