Renovated Mixed-Use
For Sale
$2,990,000
439 York Street, York, ME 03911
BUS-1 zoning and two York Street commercial suites accompany multi-level residential space and a separate lower-level apartment.
Property Size5,501 SF
Price / SF$543.54
Days on Market178
Property Features for 439 York Street
General Information
Standard status
Active
Size
5,501 SF
Elevators
Yes
Property subtype
Commercial
Zoning
BUS-1
Additional Details
Mixed-Use Components
retail, residential
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$11,623
Amenities
elevator
pocket gardens
porte-cochere
private off-street parking
Building Details
Building Size
5,501 SF
Year Built
1900
Buildings
1
Stories
3
Construction
Shingle-style
Listing Agency:
Integrity Homes Real Estate Group, PC
Listed By:
Buffy Dumont
(207) 576-9755
Source:
Integrityhomesrealestategroup
Added: May 13
Changed: Nov 5
Last Checked: Nov 6 at 3:29AM
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 Integrity Homes Real Estate Group, PC
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Investment Insights
Based on property information with market context.
Built in 1900, this mixed-use property combines two street-facing commercial spaces with residential accommodations across multiple levels. The residential portion includes an open living and dining area, a kitchen with a center island, bedroom suites, and a separate one-bedroom apartment on the lower level. A complete renovation added an elevator, and the lower level is semi-finished. Pocket gardens, rear-lane access, and private off-street parking beneath a porte-cochere are also part of the property.
The commercial suites are currently leased to a local business. The property is located at 439 York Street in York, Maine, near York Harbor Beach, Fisherman's Walk, the Cliff Walk, and the York Harbor Inn. Zoning is BUS-1.
The commercial suites are currently leased to a local business. The property is located at 439 York Street in York, Maine, near York Harbor Beach, Fisherman's Walk, the Cliff Walk, and the York Harbor Inn. Zoning is BUS-1.
Key Highlights
- Two York Street‑facing commercial spaces are currently leased to a local business
- Multi‑level residence plus a separate one‑bedroom lower‑level apartment
- Complete renovation includes an elevator and a semi‑finished lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,014
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,280
$1.7M
Cap Rate 7%
$1,214,486
$1.2M
Cap Rate 9%
$944,600
$944.6K
Market Conditions
NOI Build-Up for 5,501 SF
Gross rent
$163.0K $29.64/SF
− Vacancy
−$8.5K −$1.54/SF
EGI
$154.6K $28.10/SF
− OpEx
−$69.6K −$12.64/SF
NOI
$85.0K $15.45/SF
Area
York County, ME
Vacancy
5.20%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,280
Cap Rate 7%
$1,214,486
Cap Rate 9%
$944,600
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.42M
NOI $85,014 @ 7.0% cap · market cap 2.84%
Second Best
Mixed Use
$976.0K
$854.0K – $1.14M
NOI $68,322 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M
NOI $122,065 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
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Business Placement
Demographics for 03911, ME
307
Population
203
Households
1.5
Avg Household Size
62
Median Age
20%
College-Educated
100%
High-School Grad
0.4 sq mi
ZIP Area
768
Density / Sq Mi
$21,755
Median Earnings
$706,100
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in York County, ME
Properties on Market for Mixed-use properties in York County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - BUS-1 zoning and two York Street commercial suites accompany multi-level residential space and a separate lower-level apartment.
Where is this mixed-use property located?
The property is located at 439 York Street York, ME.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Two York Street‑facing commercial spaces are currently leased to a local business; Multi‑level residence plus a separate one‑bedroom lower‑level apartment; Complete renovation includes an elevator and a semi‑finished lower level
