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507 Walnut Hill Road

North Yarmouth, ME 04097
Square Ft.
2,720
Active
Commercial
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$475,000
Ideal 1031 replacement property leased to Sunflower Friends Early Learning Academy LLC, paying $2,720 monthly NNN, with a lease terminatiing October 31, 2027. Yields $32,640 NNN (tenant pays all expenses) equaling a cap rate of 6.87%. Rent increases to $35,904 ($2,992 monthly) effective November 1, 2025, yielding… Read MoreRead Less
Courtesy of EXP Realty 888-439-8743
Listing Snapshot
Days Online
58
Last Updated
Property Type
Investment
Square Ft.
2,720
Lot Size
1 Acres
Year Built
1990
MLS Number
1597641
30 Days Snapshot Of 04097
$
+35%
(avg) sold price
11
+57%
homes sold
14
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Walk-Out Access", "Finished", "Full"
Building
Building Area Total: 2,720, Construction Materials: "Clapboard", "Wood Frame", Number Of Units Total: 1, Year Built: 1990, 2 stories
Cooling
Cooling Included, Cooling: "A/C Units"
Accessibility Features
Accessibility Features: "Level Entry", "Accessible Approach with Ramp"
Expenses
Operating Expense: $0
Floors
Flooring: "Tile", "Carpet"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Forced Air", Heating Included
Income
Gross Income: $32,640
Lot
Features: "Downtown", "Business District", 1 acres, Area: 1, 43,560 square feet
Parking
Features: "11 - 20 Spaces", "On Site", "Paved"
Property
Business Type: "Commercial", "Freestanding Building", "Special Purpose", "Child Care", "Bed and Breakfast", Parcel Number: 507WalnutHillRoadNorthYarmouth, Property Sub Type: Investment, Zoning: Village Central
Roof
Roof: "Composition", "Pitched"
Sewer
Sewer: "Private Sewer"
Taxes
Annual Amount: $5,562, Tax Lot: 063
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Brandon Elsemore
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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