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    FOR SALE
    Residential income homes

    679 Roosevelt Trl Naples, ME 04055

    6,974 SF 1.32 ac lot Built 1785
    Property ID
    US42-0416982
    679 Roosevelt Trl, Naples, ME 04055 For Sale 1 / 64
    $1,950,000 6,974 SF
    679 Roosevelt Trl, Naples, ME 04055
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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 Residential income homes
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Permitted uses
    Permitted uses
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