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    679 Roosevelt Trl Naples, ME 04055

    Sponsored
    For Sale
    $1,950,000

    MULTI_FAMILY - Other - Naples, ME

    Property size:
    6,974 SF
    Lot size:
    1.32 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 16 at 4:06 pm

    Property Features for 679 Roosevelt Trl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 3, Bathroom 1, Basement, Bathroom 2
    Parking features
    Offsite
    Patio and Porch features
    Porch, Deck
    Interior features
    Attic, Shower
    Basement
    Full
    Size
    6,974 SF
    Lot size
    1.32 Acres

    Utilities

    Sewer type
    Private Sewer, Septic Tank
    Heating system
    Space Heater, Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Well, Private

    Building Details

    Year built
    1785
    Number of units
    3
    Flooring type
    Laminate, Wood
    Building materials
    Wood Siding, Wood Frame
    Roof type
    Shingle, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Constance Eldridge

    Pine Tree Realty of Maine (207) 650-3750

    Listing agent Constance Eldridge (207) 650-3750

    Listing date Feb 16, 2026

    MLS# 1651960 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Historic Naples Barn Investment Opportunity

    Located in Naples, "The Naples Barn" is a property blending historic charm with contemporary comforts. Originally built in 1785, it now features three Airbnb units. Two units are located within the Farmhouse, while the third is the Historic Cupola from the Bay of Naples Hotel. The Cupola, constructed in 1899, was once a prominent feature overlooking the Naples Causeway until the hotel's demolition in 1960. Each unit has been fully renovated to provide upscale accommodations. The barn area operates seasonally as an antique shop, offering unique finds for visitors. In addition, the end unit of the property serves as a café. The property is located within walking distance to the Naples Causeway, granting easy access to restaurants, swimming, boating, fishing, and shopping. The property has undergone numerous recent upgrades, including new windows, a new roof, updated electrical systems, a new septic system, new decks, improved plumbing, and fresh asphalt parking. The property is zoned commercial and sits on a 1.32-acre lot. The property size is 6,974 square feet. It is located at 679 Roosevelt Trail, Naples, ME 04055, in Cumberland County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    Similar Places Nearby

    Bayview Cabins, Lakeview Inn, The Barn, Maine Condo

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Cumberland
    State
    Maine
    Longitude
    -70.594468
    Latitude
    43.970382

    Nearby Similar for Sale

    • New
      $1,950,000
      1,506 SF

      Naples Commercial Property For Sale

      Commercial property in Naples, Maine, featuring 1506 square feet.
      679 Roosevelt Trl, Naples, ME 04055
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    • $599,000
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      Prime Naples Waterfront Office Building

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    • $3,900,000
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      Prime Naples Self Storage Facility

      Brand new, 211-unit facility in Maine's lakes region.
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    FAQs

    What type of property is this?
    Bed & breakfast - Unique property with Airbnb units, antique shop, and cafe.
    Where is this bed & breakfast located?
    The property is located at 679 Roosevelt Trl 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: - Unique investment property with three fully renovated Airbnb units.; - Prime location within walking distance to the Naples Causeway, offering easy access to restaurants, swimming, boating, fishing, and shopping.; - Historic charm blended with contemporary luxury; property includes a barn area operating as an antique shop and an end unit serving as a café.
    (207) 831-0890
    Request Owner's contact information
    679 Roosevelt Trl Naples, ME 04055
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    Naples, ME 04055
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    679 Roosevelt Trl Naples, ME 04055
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    We can help!
    Listing Contact
    Constance Eldridge
    (207) 831-0890 (207) 650-3750
    Learn more
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