Business & Real Estate For Sale: Trudy Bird's Ølbar

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30871127
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 6,749 SF
Gross Building Area: See Agent
Gross Land Area: 0.52 Acres
Sale Price: $1,925,000
Unit Price: $285.23 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2024

Overview / Comments

Trudy Bird’s Ølbar is well-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 Restaurant on the first floor and two apartments on the second floor. The second building is the Barn and Event Center, which consists of 1,225+/- SF on the first floor with an additional 900+/- 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. A full list of updates is listed in the brochure.

All FF&E are included in the sale. The name will not convey.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05150_007-030
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1900
Year Renovated: 2023
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Ample on site
Heat Type: Electricity, Oil
Heat Source: Radiant, Heat Pump
Lot Frontage: 0.99
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,816 14,395 21,362
Median Age: 43.09 43.08 43.01
Households: 678 5,409 8,321
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