424 Walnut Hill Rd - Restaurant FOR SALE


North Yarmouth, ME 04097
$1,450,000 USD
207-772-2422
424 Walnut Hill Rd, North Yarmouth, ME for Sale
$1,450,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

424 Walnut Hill Rd
North Yarmouth, ME 04097


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Village Center District

APN/PARCEL ID

NYAR-000007-000000-000029

ASK ABOUT THIS PROPERTY

Karen RichMalone Commercial BrokersMore Info
207-772-2422

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Karen RichMalone Commercial BrokersMore Info
207-772-2422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.