424 Walnut Hill Road
North Yarmouth, ME 04097
$1,295,000
Listing Courtesy of: Malone Commercial Brokers, Inc.
207-772-2422
INVESTMENT PROPERTY
•Fully leased property located on Walnut Hill Road in North Yarmouth.
•The property features two buildings. The first is a 4,624± SF 2-story building, with the 2,999± SF restaurant on the first floor and two apartments on the second floor. The second building is the barn and event center, which consists of 1,262± SF on the first floor with an additional 946± SF of unfinished attic space.
•The property has featured significant updates in the past three years, including complete renovations of the Barn, Restaurant and the two-bedroom Apartment. The main building had a new shingle roof placed in December 2023.
| Listing Id: | 1590018 |
|---|---|
| List Price: | $1,295,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Mixed Use |
| Status: | Active |
| Tax Annual Amount: | $11,046 |
| Lot Size Square Feet: | 22,651.2 |
| Lot Size Acres: | 0.52 |
| Waterfront?: | No |
| City: | North Yarmouth |
| County Or Parish: | Cumberland |
| Postal Code: | 04097 |
| Year Built: | 1900 |
| Listing Key: | b10a5667d0121c9c77e520a9c029ea01 |
| Accessibility Features: | Accessible Approach with Ramp |
| Building Area Total: | 6,749.0 |
| Basement: | Dirt Floor, Crawl Space, Partial, Brick/Mortar |
| Building Features: | Fire System, Other Equipment |
| Business Type: | Freestanding Building, Commercial, Restaurant, Flex, Other |
| Construction Materials: | Wood Frame, Other, Vinyl Siding, Wood Siding |
| Cooling: | Heat Pump |
| Cooling?: | Yes |
| Documents Change Timestamp: | 2026-06-04T13:10:08Z |
| Documents Count: | 6 |
| Electric: | Circuit Breakers |
| Flooring: | Carpet, Concrete, Tile, Wood |
| Foundation Details: | Stone, Granite, Brick/Mortar |
| Heating?: | Yes |
| Heating: | Electric, Oil, Heat Pump, Steam |
| Listing Contract Date: | 2024-05-17 |
| Lot Size Area: | 0.52 |
| Lot Features: | Other, Suburban |
| Lot Size Units: | Acres |
| Status: | Active |
| Original List Price: | $1,825,000 |
| Other Structures: | Barn(s) |
| Parcel Number: | NYAR-000007-000000-000029 |
| Parking Features: | 21+ Spaces, On Site, Paved |
| Postal Code Plus4: | 6304 |
| Roof: | Membrane, Pitched, Shingle |
| State Or Province: | ME |
| Structure Type: | Post & Beam |
| Stories: | 2 |
| Tax Year: | 2023 |
| Water Source: | Public |
| Year Built Effective: | 2022 |
| Zoning: | Village Center |
| Sewer: | Private Sewer, Septic Tank |
| Approval Status: | true |
| Utilities Utilities On: | Yes |
| Property Information Tenancy: | Multiple Tenants |
| Property Information Leases: | Yes |
| Status Change Info Fallthrough Date: | 2026-04-14 |
| Location Information Page: | 0292 |
| Location Information Tree Growth Y/n: | No |
| Contract Information List Price/sq Ft: | $192 |
| Contract Information Comp Listing: | No |
| Contract Information Confidential Listing: | No |
| Remarks Showing Remarks: | Please contact listing broker or office. No ShowingTime. |
| Property Information Surveyed: | Yes |
| Basement Type Backup: | Dirt Floor, Crawl Space, Partial, Brick/Mortar |
| Building Features Backup: | Fire System, Other Equipment |
| Parking: | 21+ Spaces, On Site, Paved |
| Construction: | Wood Frame, Other |
| Exterior: | Vinyl Siding, Wood Siding |
| Foundation Materials: | Stone, Granite, Brick/Mortar |
| Heat Fuel: | Electric, Oil |
| Location: | Other Location, Suburban |
| Showing Instructions: | Call Listing Broker, Email Listing Office, Email Listing Broker, Call Listing Office |
| Accessibilitiy Amenities: | Ramped Main Level |
| Property Uses: | Freestanding Building, Commercial, Restaurant, Bar/Tavern/Lounge, Flex, Other |
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Maine Real Estate Information System, Inc. data last updated on October 08, 2026 05:26 PM - ET
Property Last Updated: October 08, 2026 05:26 PM - ET
