185 Main St Cornish, ME 04020-3221
This exceptional mixed-use property at 185 Main Street, Cornish, Maine, presents a lucrative investment opportunity. The 20,032 square foot building, constructed in 2006 and renovated in 2010, sits on a 6.13-acre lot and is zoned CB - Commercial District. The first floor boasts fully leased retail space, encompassing a full-service restaurant, barber shop, hair salon, and a cannabis store. Additionally, a four-bay garage space is available for lease, offering further income potential. The second floor comprises ten lodging rooms, each with a private bathroom and amenities, providing a steady stream of revenue from the hospitality sector. The property includes a 1.38-acre developable lot, capable of supporting a building up to 15,000 square feet, which can be purchased separately for $235,000. This presents significant expansion possibilities for the existing business or allows for the development of additional income-generating ventures. The property's prime location in Cornish, York County, Maine (04020), offers excellent visibility and accessibility. The asking price for this turnkey operation is $3,600,000. This is a rare chance to acquire a well-established, multi-faceted business with substantial growth potential. The property features one two-story building with ten keys. The APN is Map U06, Lot 009, and ownership is held by Country Home, LLC.
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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
Property description
Physical attributes from public recordsZoning & alternative use
Costs & 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.