Road-Front Office Condo
298 York Street Unit 2 York, ME 03909
298 York Street Unit 2, York, ME, 03909
$125,000
For Sale
$125,000
Newer commercial condo suite with direct road frontage, abundant natural light, and shared bathroom access.
Property Size441 SF
Price / SF$283.45
Days on Market298
Property Features for 298 York Street Unit 2
General Information
- Standard status
- Active
- Size
- 441 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2022
Listing agency
Coldwell Banker Yorke Realty
(207) 337-1515
Listed by
Lorilyn Barrett
(207) 337-1515
Source
Xome
Added: Sep 27, 2025 Updated: Jul 21 at 5:49PM Checked: Jul 21 at 5:49PM
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 Coldwell Banker Yorke Realty
Investment Insights
Based on property information with market context.
Located at 298 York Street Unit 2, this newly constructed commercial condo suite is part of Bristol Pointe, built in 2022. The space is approximately 442 SF and features an interior designed for flexible use, with abundant natural light and new Egyptian blinds for privacy. It is fully internet-ready with capacity for multiple workstations, and includes a private in-unit electrical panel, security, and a fire-suppression system. Handicap-use accessibility is provided.
The suite offers direct road frontage on York Street, supporting strong on-site visibility and signage opportunities. A shared bathroom serves the unit.
This listing is presented as a for-sale condo opportunity, with an additional unit on the same level also available for sale (see MLS # 1639587).
The suite offers direct road frontage on York Street, supporting strong on-site visibility and signage opportunities. A shared bathroom serves the unit.
This listing is presented as a for-sale condo opportunity, with an additional unit on the same level also available for sale (see MLS # 1639587).
Key Highlights
- 2022‑built Bristol Pointe commercial condo with 442 SF of interior space
- Direct road frontage on York Street with signage opportunities
- Heat pump cooling and heating listed as 3
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
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 - Newer commercial condo suite with direct road frontage, abundant natural light, and shared bathroom access.
Where is this office units located?
The property is located at 298 York Street Unit 2 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: 2022‑built Bristol Pointe commercial condo with 442 SF of interior space; Direct road frontage on York Street with signage opportunities; Heat pump cooling and heating listed as 3
