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424 Walnut Hill Rd 6,832 SF Retail Building North Yarmouth, ME 04097 $2,004,625 CAD ($293.42 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Fully leased property located on Walnut Hill Road in North Yarmouth.

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,832 SF
Building Class
C
Year Built/Renovated
1900/2022
Price
$2,004,625 CAD
Price Per SF
$293.42 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.52 AC
Zoning
Village Center District - Village Center
Parking
40 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
166’ on Walnut Hill Rd (Rt. 115)

AMENITIES

  • Courtyard
  • Restaurant
  • Accent Lighting
  • Air Conditioning

ABOUT 424 WALNUT HILL RD , NORTH YARMOUTH, ME 04097

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NYAR-000007-000000-000029
Land Assessment
$125,633 CAD
Improvements Assessment
$678,278 CAD
Total Assessment
$803,910 CAD
  • Listing ID: 31448977

  • Date on Market: 2024-04-08

  • Last Updated:

  • Address: 424 Walnut Hill Rd, North Yarmouth, ME 04097

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