Catylist ID:
#30871127
Retail / For Sale/Lease
Retail-Commercial
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: | 30871127 |
| Property Subtypes: | Day Care Facility, 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: | $1,450,000 |
| Unit Price: | $214.85 PSF |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/16/2024 |
Overview / Comments
|
The property 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 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. A full list of updates is listed in the brochure. All FF&E are included in the sale. The name will not convey. Also available For Lease. |
Attachments & Media
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 |
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 |
Contact
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