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Historic Retail and Rental Barn

679 Roosevelt Trail Naples, ME 04055

679 Roosevelt Trail, Naples, ME, 04055
$1,950,000
For Sale
$1,950,000

COMMERCIAL - Naples, ME

Property Size6,974 SF
Lot Size1.32 Acres
Price / SF$279.61
Days on Market93

Property Features for 679 Roosevelt Trail

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Rooms
Basement
Parking features
Offsite
Basement
Full
Standard status
Active
Size
6,974 SF
Lot size
1.32 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8932

Utilities

Sewer type
Private Sewer, Septic Tank
Heating system
Space Heater, Electric (Heating), Propane (Heating), Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Well, Private
Water front features
Lake
Water front
1

Building Details

Year built
1785
Flooring type
Laminate, Wood
Building materials
Wood Frame, Wood Siding
Roof type
Metal, Shingle
Listing agency Pine Tree Realty of Maine
Listed by Constance Eldridge
Added: Apr 21 Updated: Jul 12 at 8:32AM Checked: Jul 22 at 11:06AM
MLS# 1651961

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.

“The Naples Barn” is a historic property originally built in 1785 that now provides three fully renovated Airbnb units. Two units are located within the Farmhouse, and the third is the Historic Cupola that dates to 1899. The barn area operates seasonally as an antique shop, and the end unit serves as a café.

Additional recent upgrades include new windows, a new roof, updated electrical systems, improved plumbing, and a new septic system. The property also has new decks and fresh asphalt parking.

Located within walking distance to the Naples Causeway, the property offers access to nearby restaurants and shopping, along with options for boating, fishing, and swimming.

Key Highlights

  • Originally built in 1785, "The Naples Barn" features historic structure with contemporary accommodations
  • Three Airbnb units: two in the Farmhouse and one Historic Cupola unit (Cupola constructed in 1899)
  • Historic Cupola was part of the Bay of Naples Hotel until demolition in 1960

Local Financial Insights For Apartment 5plus

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 $221.8k $31.80
− Vacancy −$13.3k −$1.91
EGI $208.5k $29.89
− OpEx −$93.8k −$13.45
NOI $114.7k $16.44
6,974 SF · lease $31.80/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,657 @ 7.0% cap · market cap 5.88%
Second Best
Retail
$1.04M
$911.7K – $1.22M (±1% cap)
NOI $72,934 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,177 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Furniture & Home Goods Grocery & Convenience Store Carpet & Flooring Store Parking Lot & Garage Veterinary Clinic Building Supply Auto Repair Shop Skin Care Clinic Dental Office Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Short term rental property - For sale in commercial zoning, a renovated property with three Airbnb units, a seasonally operated antique shop, and a café end unit.
Where is this short term rental property located?
The property is located at 679 Roosevelt Trail Naples, ME.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Originally built in 1785, "The Naples Barn" features historic structure with contemporary accommodations; Three Airbnb units: two in the Farmhouse and one Historic Cupola unit (Cupola constructed in 1899); Historic Cupola was part of the Bay of Naples Hotel until demolition in 1960
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