Road-Front Office
298 York Street York, ME 03909
New
298 York Street, York, ME, 03909
$125,000
For Sale
$125,000
COMMERCIAL - York, ME
Property Size441 SF
Lot Size0.16 Acres
Price / SF$283.45
Days on Market5
Property Features for 298 York Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- YVC-1
- Parking features
- Other, On Street
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 441 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1326
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 2022
- Flooring type
- Plank
- Building materials
- Wood Frame, Fiber Cement
- Roof type
- Shingle
Listing Agency
Coldwell Banker Yorke Realty
(207) 363-4300
529 US Route 1 Suite 101, York, ME
Listed by
Lorilyn Barrett
(207) 337-1515
Added: Jul 13 Checked: Jul 17 at 11:06 am
MLS# 1639588
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 in 2022, this commercial office condo is located within Bristol Pointe and is offered for sale. The unit provides approximately 441 square feet of office space with an abundance of natural light and new Egyptian blinds. The layout is described as flexible and functional and is internet-ready with capacity for multiple workstations.
The condo offers direct road frontage on York Street in the heart of historic York Village, supporting strong on-site visibility. The building is described as having full handicap use and accessibility, including ease of entry and convenience.
Additional features noted include a shared bathroom, fire-suppression system, private in-unit electrical panel, and security. The property is zoned YVC-1. An additional unit on the same level is also available for sale (see MLS #1639587).
The condo offers direct road frontage on York Street in the heart of historic York Village, supporting strong on-site visibility. The building is described as having full handicap use and accessibility, including ease of entry and convenience.
Additional features noted include a shared bathroom, fire-suppression system, private in-unit electrical panel, and security. The property is zoned YVC-1. An additional unit on the same level is also available for sale (see MLS #1639587).
Key Highlights
- Newly built 2022 mixed‑use building commercial condo with 442 SF of space
- Direct road frontage on York Street with shared bathroom and signage opportunities
- Fully internet‑ready with space capacity for multiple workstations
Local 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 | $11.0k | $24.96 |
| − Vacancy | −$1.4k | −$3.12 |
| EGI | $9.6k | $21.84 |
| − OpEx | −$2.4k | −$5.46 |
| NOI | $7.2k | $16.38 |
441 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$103.2K
$90.3K – $120.4K
NOI $7,224 @ 7.0% cap · market cap 5.78%
Second Best
Healthcare Medical
$85.3K
$74.7K – $99.6K
NOI $5,974 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$139.8K
$122.3K – $163.1K
NOI $9,786 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
York Investment Partners
Financial Advisor
Eyebrows By Eve ...
Medical Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Newly constructed 2022 office condo with shared restroom and direct road frontage for visibility.
Where is this office units located?
The property is located at 298 York Street York, ME.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Newly built 2022 mixed‑use building commercial condo with 442 SF of space; Direct road frontage on York Street with shared bathroom and signage opportunities; Fully internet‑ready with space capacity for multiple workstations
