Main Street Retail-Office Condo
298 Main Street Yarmouth, ME 04096
For Sale
$1,120,000
COMMERCIAL - Yarmouth, ME
Property Size2,484 SF
Price / SF$450.89
Days on Market12
Property Features for 298 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- CD-4
- Parking features
- Leased
- Standard status
- Active
- Size
- 2,484 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 2026
- Flooring type
- Vinyl, Tile - Ceramic
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Composition
Listing Agency:
Vitalius Real Estate Group, LLC
(207) 541-3755
Listed By:
Briton Vitalius
(207) 541-3755
Added: Jul 14
Last Checked: Jul 24 at 11:06PM
MLS# 1662857
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Newly constructed commercial space is available within a modern condominium building on Main Street. The unit features large storefront windows designed to bring in natural light and create a prominent street presence.
Positioned in the heart of Yarmouth Village, the property is surrounded by established local shops and restaurants and benefits from easy access along Main Street.
This flexible space is suited for a range of service-oriented uses, including retail or office, depending on how an operator plans to adapt the interior for their business needs.
Positioned in the heart of Yarmouth Village, the property is surrounded by established local shops and restaurants and benefits from easy access along Main Street.
This flexible space is suited for a range of service-oriented uses, including retail or office, depending on how an operator plans to adapt the interior for their business needs.
Key Highlights
- Newly constructed commercial space in a modern condominium building on Main Street in Yarmouth Village
- Under construction, with 2026 year built
- Wood frame with vinyl siding exterior
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.3k | $21.84 |
| − Vacancy | −$6.8k | −$2.75 |
| EGI | $47.4k | $19.09 |
| − OpEx | −$11.9k | −$4.77 |
| NOI | $35.6k | $14.32 |
2,484 SF · lease $21.84/SF/yr · vacancy 12.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$508.0K
$444.5K – $592.7K
NOI $35,561 @ 7.0% cap · market cap 3.18%
Second Best
Retail
$371.1K
$324.7K – $433.0K
NOI $25,978 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$682.7K
$597.4K – $796.5K
NOI $47,791 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Main Street Energy ...
Sports Field & Court
Similar Off Market Nearby
- Yarmouth Flower Deliviry — I-295, Yarmouth, ME 04096, United States
- 48LongStems — 92 Glen Rd A, Yarmouth, ME 04096
- Blue Fern Designs — 343 Main St, Yarmouth, ME 04096
FAQs
What type of property is this?
Storefront property - Newly constructed storefront space in a modern condominium building with large street-facing windows on Main Street.
Where is this storefront property located?
The property is located at 298 Main Street Yarmouth, ME.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Newly constructed commercial space in a modern condominium building on Main Street in Yarmouth Village; Under construction, with 2026 year built; Wood frame with vinyl siding exterior
