424 Walnut Hill Road, North Yarmouth, ME 04097

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
424 Walnut Hill Road,North Yarmouth, ME 04097
$1,295,000
  • - Beds
  • 4 Baths
  • 6,832 sq. ft.
  • Multi-family
  • Active
Office: malone commercial brokers, inc.
MLS#:1674077
Source:ME_MREIS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$189.55

About this home

Exceptional opportunity to own a fully leased, income-producing mixed-use investment property in North Yarmouth. The property features a neighborhood restaurant and event barn leased on a Triple Net (NNN) basis and two leased second-floor residential apartments, providing diversified and stable cash flow. With strong in-place income, minimal landlord responsibilities, ample parking, and excellent visibility on Walnut Hill Road, this turnkey investment is well suited for a 1031 exchange or investors seeking a stabilized asset with long-term upside

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Home facts

  • Year built:1900
  • Listing ID #:1674077
  • Updated:August 03, 2026 at 10:20 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:2
  • Flooring:Luxury Vinyl, Tile, Vinyl, Wood
  • Basement Description:Brick/Mortar, Dirt Floor, Interior Entry, Unfinished
  • Living area:6,832 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Heat Pump, Heating, Oil, Steam

Structure and exterior

  • Roof:Flat, Membrane, Pitched, Shingle
  • Year built:1900
  • Building area:6,832 sq. ft.
  • Lot area:0.52 Acres
  • Lot Features:Business District, Intown, Level, Near Town, Open Lot
  • Architectural Style:Chalet, Farmhouse
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Brick/Mortar, Granite, Stone
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Private Sewer, Septic Design Available

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$189.55
  • Tax amount:$11,610 (2025)

Parking

  • Parking description:21+ Spaces, Common, Gravel, Off street, On Site, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello