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424 Walnut Hill Rd

6,832 SF Retail Building North Yarmouth, ME 04097 $1,450,000 ($212/SF)

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Investment Highlights

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

Executive Summary

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.

Walnut Hill Rd_424 N. Yarmouth_FOR SALE

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

6,832 SF

Building Class

Year Built/Renovated

1900/2022

Price

$1,450,000

Price Per SF

$212

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)

Frontage

166 FT on Walnut Hill Rd (Rt. 115)

Amenities

Courtyard

Restaurant

Accent Lighting

Air Conditioning

About 424 Walnut Hill Rd , North Yarmouth, ME 04097

•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. A full list of updates is listed below.

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