Conventional Restaurant

North Yarmouth, ME Conventional Restaurants for Sale

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Gray, ME Yarmouth, ME Cumberland Center, ME
North Yarmouth Mixed-Use Property
Updated: Apr 8, 2024
North Yarmouth Mixed-Use Property

424 Walnut Hill Rd, North Yarmouth, ME 4097

$1,295,000
6,832 sqft
Fully leased property providing immediate income
Significant renovations completed in the past three years on the Barn, Restaurant, and two‑bedroom Apartment
Two buildings: a 4,624± SF main building with a restaurant and two apartments, and a 1,262± SF barn/event center with additional unfinished attic space
New shingle roof installed on the main building in December 2023
Located on Walnut Hill Road in North Yarmouth
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424 Walnut Hill Rd, North Yarmouth, ME 04097

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Restaurant with Event Center and Apartments
Updated: May 18, 2024
Restaurant with Event Center and Apartments

424 Walnut Hill Road, North Yarmouth, ME 4097

$1,350,000
6,749 sqft · 0.52 AC lot
Well‑located restaurant with two apartments and a separate barn/event center.
Restaurant space is 2,999± SF and the barn/event center is 1,225± SF with 900± SF of unfinished attic space.
Significant renovations completed in the past three years on the Barn, Restaurant, and two‑bedroom Apartment.
New shingle roof placed on the main building in December 2023.
All FF&E (furniture, fixtures, and equipment) are included in the sale.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in North Yarmouth, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Restaurant Opportunity
Downtown Restaurant Opportunity

7 Main Street, Bridgton, ME 04009

$299,000
1,248 sqft · 0.11 AC lot

Restaurant property in a downtown setting, most recently operating as a seafood business with strong street visibility.

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Old Port Restaurant/Retail Opportunity
Old Port Restaurant/Retail Opportunity

327 Commercial, Portland, ME 4101

$2,900,000
6,981 sqft

6,981±SF restaurant/retail space in Portland's Old Port for sale.

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Downtown Restaurant Opportunity
Downtown Restaurant Opportunity

7 Main Street, Bridgton, ME 4009

$299,000
1,248 sqft

Former seafood restaurant space on a high-traffic downtown corridor with strong public visibility.

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Restaurant/Retail Space on Congress Street
Restaurant/Retail Space on Congress Street

511 Congress St, Portland, ME 4101

Contact for pricing
2,875 sqft · 1.01 AC lot

2,875 SF restaurant/retail space with high visibility.

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North Yarmouth, ME Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in North Yarmouth, ME on our real estate platform. These investment opportunities span a total of 13,581 square feet of properties for sale, with an estimated market value of $2,645,000.

Sale prices for conventional restaurants in North Yarmouth, ME start at $1,295,000, averaging $1,322,500, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 4,173
Population Growth (5Y) +10.8%
Median Household Income $119,813
College Educated 76.0%

High-Yield Neighborhoods for Investment

Identify North Yarmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04097 $1.4M

Taxes & Financing

Tax Rate (average for all types) 1.92%
Property Tax per SF $71.01 per SF
Tax Rate vs County Average 0.40 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cumberland County

Retail

Residential Income

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