Multi-Use Building For Sale

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30862460
Property Subtypes: Mixed Use, Restaurant
Building Size (RSF): 6,974 SF
Sale Price: $1,675,000
Unit Price: $240.18 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2024

Overview / Comments

Porta & Company is pleased to offer prime piece real estate in Naples, ME. Built in 1785, this farmhouse has been a staple in the community for centuries and is a focal point before hitting the Causeway. This property offers a beautifully restored farmhouse, barn and attached cafe, 3 Air BnB's and the historical Cupola from the Naples Hotel. Located on highly traveled Route 302, you'll find this entire property is perfect for an antique shop or to host beautiful events in the large post & beam barn as well as a separate cafe serving lunch and baked goods to the local and summer crowds! Newly paved circular driveway & parking lot gives easy access to the property. New oversized septic system was installed in 2021 to accommodate a restaurant.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $8,913 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05130_U02-0010
Zoning: COMMERCIAL
Lot Frontage: 195

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,353 8,445
Median Age: 42.13 43.62
Households: 2,174 3,547

Contact

Photograph of Listing Agent

Timothy J. Millett, CCIM

Porta & Company NECPE Member
Photograph of Listing Agent

Emmett L. Peoples

Porta & Company NECPE Member
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