106 Lafayette St Yarmouth, ME 04096
For Lease
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Lower Falls Landing presents a unique investment opportunity in a beautifully restored 3-story building (40,931 total square feet) dating back to 1880, with renovations completed in 1980. This mixed-use property, zoned WC, offers a blend of historic character and modern functionality. The building features two suites, currently offering a total of 3,980 square feet of vacant space. Suite 1B, a 3,200 square foot unit on the ground floor, is ideal for retail or office use and enjoys high visibility. Suite 2J, a 780 square foot corner office suite on the second floor, boasts abundant natural light and a flexible layout. The building's architectural details, including exposed original posts and beams and high ceilings, create a distinctive atmosphere. Modern amenities include central HVAC, quality office finishes, an ADA-compliant elevator, shared restrooms on each floor, and ample on-site parking. Many suites offer stunning marina and Royal River views. The convenient location also includes the Yarmouth Grillhouse restaurant on the ground floor, adding to the property's appeal. This exceptional property is perfect for businesses seeking a prestigious and functional workspace with historical character.
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Land Conservation Assistance Network Charitable Organization Social Service Agency
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Marshall Jackson Robinson Physician Medical Clinic
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Angela Lemire, DC Alternative Medicine Practice
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Jessie Griffin, LMT Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
24 · Yarmouth, MECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.