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Historic Colonial Residence with Studio
For Sale
$749,000

34 York Street, York, ME 03909

COMMERCIAL - York, ME

Property Size3,646 SF
Lot Size0.48 Acres
Price / SF$205.43
Days on Market30

Property Features for 34 York Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning MDL01
Rooms Basement
Parking features Off Street
Interior features Storage
Basement Unfinished
Lot features Business District
Standard status Active
Size 3,646 SF
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4965

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Kerosene, Baseboard, Oil
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1900
Flooring type Carpet, Wood
Building materials Wood Frame, Clapboard, Wood Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: RE/MAX Realty One · RE/MAX International
Listed By: Robert Coles Jr. · License #BR913240
Added: Jul 8 Changed: Aug 4 Last Checked: Aug 6 at 9:06AM
MLS# 1667717

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.

A historic Antique Colonial originally built in 1721 and relocated to its current setting in 1976, the Jonathan Bane House offers four bedrooms and three baths with wide pine floors, exposed beams, and five working fireplaces. The property includes an air-conditioned outbuilding that has been used as an art studio, along with additional outbuildings, plus a hot tub and an outdoor shower. An in-law apartment is also present, supporting flexible residential living arrangements.

Set on York Street in York Village, the home is described as being moments from York Harbor, beaches, village shops, and local dining.

From a commercial standpoint, the property is zoned both residential and commercial and was once operated as a cafe in addition to the antique home. Multiple outbuildings further contribute to how the space may be used within the residential and mixed-use zoning framework.

Key Highlights

  • Historic Jonathan Bane House with four bedrooms and three baths, featuring wide pine floors and five working fireplaces
  • Year built listed as 1900; public remarks say originally built in 1721 and relocated to its current setting in 1976
  • Zoned for both residential and commercial use; previously operated as a cafe and offers possible income with an in‑law apartment

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 $108.1k $29.64
− Vacancy −$5.6k −$1.54
EGI $102.4k $28.10
− OpEx −$46.1k −$12.64
NOI $56.3k $15.45
3,646 SF · lease $29.64/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$804.9K
$704.3K – $939.1K (±1% cap)
NOI $56,346 @ 7.0% cap · market cap 7.52%
Second Best
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $80,903 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Wabi Cafe Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 03909, ME

10,938
Population
7,101
Households
1.5
Avg Household Size
53
Median Age
50%
College-Educated
98%
High-School Grad
35.2 sq mi
ZIP Area
311
Density / Sq Mi
$108,889
Median Household Income
$55,540
Median Earnings
$1,438
Median Rent
$589,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Historic Antique Colonial with five working fireplaces, wide pine floors, and an air-conditioned outbuilding used as an art studio.
Where is this single family property located?
The property is located at 34 York Street York, ME.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Historic Jonathan Bane House with four bedrooms and three baths, featuring wide pine floors and five working fireplaces; Year built listed as 1900; public remarks say originally built in 1721 and relocated to its current setting in 1976; Zoned for both residential and commercial use; previously operated as a cafe and offers possible income with an in‑law apartment
More about this property
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