Property profile

679 Roosevelt Trl Naples, ME 04055

FOR SALE
Retail properties & Spaces
Property ID
US42-0416982
6,974 SF 1.32 ac lot Built 1785
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Property summary

AI-generated overview

This exceptional commercial property, located at 679 Roosevelt Trail in Naples, Maine (zip code 04055), presents a unique investment opportunity. The 6,974 square foot property sits on a 1.32-acre lot and boasts a rich history, having been built in 1785. Currently configured as a restaurant, Airbnb units, and a barn, the property offers diverse income streams. The permitted commercial zoning allows for a variety of uses. The main building, a beautifully restored farmhouse, serves as a focal point along Route 302, a highly trafficked area. The property also includes a separate cafe, ideal for serving lunch and baked goods. A large post-and-beam barn provides ample space for events or alternative uses. Three existing Airbnb units contribute to the property's revenue potential. The property features a newly paved circular driveway and parking lot, ensuring convenient access. A significant upgrade was completed in 2021 with the installation of an oversized septic system, designed to accommodate the restaurant's needs. The asking price is $1,675,000, translating to $279.61 per square foot. This landmark property offers a blend of historical charm and modern functionality, making it an attractive investment for a variety of commercial ventures.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1785
Total area 6,974 SF
Lot 1.32 ac (57,499 SF)
UPID US42-0416982

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

679 Roosevelt Trl Naples, ME 04055
Naples metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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