Newly Built Retail or Office
298 Main Street #Unit A Yarmouth, ME 04096
For Sale
$649,000
New commercial condominium space in Yarmouth Village with large storefront windows along Main Street.
Days on Market72
Property Features for 298 Main Street #Unit A
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2026
Listing Agency:
Vitalius Real Estate Group, LLC
(207) 541-3755
Listed By:
Briton Vitalius
(207) 541-3755
Source:
Startpoint
Added: May 19
Changed: Jul 27
Last Checked: Jul 28 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vitalius Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This newly constructed commercial unit is located on Main Street within a modern condominium building in Yarmouth, Maine. The space features large storefront windows designed to provide natural light and visibility from the street, with a layout suited for flexible service-oriented use, retail, or office applications.
Positioned in the heart of Yarmouth Village, the unit offers easy access in a walkable community with established local shops and restaurants.
The space may be combined with 298 Main St, Unit B, providing an option to expand the footprint if needed.
Positioned in the heart of Yarmouth Village, the unit offers easy access in a walkable community with established local shops and restaurants.
The space may be combined with 298 Main St, Unit B, providing an option to expand the footprint if needed.
Key Highlights
- Newly constructed commercial condominium space in Yarmouth Village with a Year Built of 2026
- Located on Main Street in a modern condominium building with large storefront windows
- Commercial space set for service‑oriented uses, retail, or office use
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 | $31.4k | $21.84 |
| − Vacancy | −$4.0k | −$2.75 |
| EGI | $27.4k | $19.09 |
| − OpEx | −$6.9k | −$4.77 |
| NOI | $20.6k | $14.32 |
1,436 SF · lease $21.84/SF/yr · vacancy 12.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$293.7K
$257.0K – $342.6K
NOI $20,558 @ 7.0% cap · market cap 3.17%
Second Best
Retail
$214.5K
$187.7K – $250.3K
NOI $15,018 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$394.7K
$345.4K – $460.5K
NOI $27,628 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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
Frequently Asked Questions
What type of property is this?
Storefront property - New commercial condominium space in Yarmouth Village with large storefront windows along Main Street.
Where is this storefront property located?
The property is located at 298 Main Street #Unit A Yarmouth, ME.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Newly constructed commercial condominium space in Yarmouth Village with a Year Built of 2026; Located on Main Street in a modern condominium building with large storefront windows; Commercial space set for service‑oriented uses, retail, or office use
