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424 Walnut Hill Rd
North Yarmouth, ME 04097
Retail Property For Sale
Executive Summary
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.
•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
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,832 SF
Building Class
C
Year Built
1900
Price
$1,861,204 CAD
Price Per SF
$272.42 CAD
Percent Leased
100%
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)
Amenities
- Courtyard
- Restaurant
- Accent Lighting
- Air Conditioning
Property Taxes
| Parcel Number | NYAR-000007-000000-000029 | Improvements Assessment | $648,802 CAD |
| Land Assessment | $124,080 CAD | Total Assessment | $772,882 CAD |
Property Taxes
Parcel Number
NYAR-000007-000000-000029
Land Assessment
$124,080 CAD
Improvements Assessment
$648,802 CAD
Total Assessment
$772,882 CAD
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