424 Walnut Hill Rd

North Yarmouth, ME 04097

$1,350,000
Price
—
Beds
—
Baths
6,749 Sq. Ft.
$200 / Sq. Ft.
6,749
Sq. Ft.
$200
per Sq. Ft.
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Aerial

Description

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...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.
  1. Listed by Karen Rich • Malone Commercial Brokers, Inc.
  2. Listed by Cheryl Bonawitz • Malone Commercial Brokers, Inc.

Property Details for 424 Walnut Hill Road

Zoning
Village Center
LISTING UPDATED: 04/28/2026 04:26 PM

Property Details for 424 Walnut Hill Road

StatusActive
MLS #1590018
Days on Market698
Taxes$11,046 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1900
Lot Size0.52 AC / 22,651 SF
CountyCumberland County
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Location

Listing Courtesy of Malone Commercial Brokers, Inc.
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Building Information for 424 Walnut Hill Road

Stories2Residences-Year Built1900Lot Size0.52 AC / 22,651 SF

Payment Calculator

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$7,718 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,798

Property Taxes

$921

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 424 Walnut Hill Road

Summary
Location and General Information
  • Zip Code: 6304
  • Town: North Yarmouth
  • State/Province: ME
  • Zip Code: 04097
  • County: Cumberland
  • Geo Latitude: 43.826627
  • Geo Longitude: -70.247646
  • Tax Lot: 029
  • Location:Other Location: Yes
  • Location:Suburban: Yes
  • Construction: Other3, Wood Frame
  • Tree Growth YN2: false
Parking
  • Parking Features: 21+ Spaces, On Site, Paved
  • Parking: 21 Spaces, On Site2, Paved3
Taxes and HOA Information
  • Tax Book Number: 38857
  • Tax Map Number: 007
  • Tax Year: 2023
  • Parcel Number: NYAR-000007-000000-000029
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $11,046.00
Property
Heating and Cooling
  • Heat Fuel: Electric, Oil
  • Heat System: Heat Pump, Steam
Lot Information
  • Lot Size Acres: 0.52
  • Building Area Total: 6749.0
  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Lot Size Square Feet: 22651.2
  • Street Number: 424
  • Property Information:Surveyed: Yes
  • Property Information:Year Renovated +/-: 2,022.00
  • Property Information:Total # Floors: 2.00
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1900
Utilities
  • Electric: True
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Other, Wood Frame
  • Roof: Membrane, Pitched, Shingle
  • Other Structures: Barn(s)
  • StructureType: Post & Beam
Interior Features
  • Basement: BrickMortar, Crawl Space, Dirt Floor, Partial
  • Flooring: Wood, Tile, Concrete, Carpet
  • Cooling: Heat Pump
  • Heating: Steam, Heat Pump
  • Foundation Details: Stone, Granite, Brick/Mortar
  • Accessibility Features: Accessible Approach with Ramp
  • # Floors: 2
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes

Property History for 424 Walnut Hill Road

DateEvent & SourcePriceAppreciation
Jun 28, 2024

Price Change

Maine Listings #1590018

$1,625,000—
May 17, 2024

Listed (Active)

Maine Listings #1590018

$1,825,000—
Nov 3, 2021

Sold

Maine Listings #1507209

$593,000—
DateEvent & SourcePrice
06/28/2024

Price Change

Maine Listings #1590018

$1,625,000
05/17/2024

Listed (Active)

Maine Listings #1590018

$1,825,000
11/03/2021

Sold

Maine Listings #1507209

$593,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 424 Walnut Hill Road

Taxable ValueLand$90,000Additions$470,600Total$560,600
Tax Record2025$11,610 ($968 / month)
Home Facts
Baths3Total Finished SqFt3,860 SqFtAbove Grade Finished SqFt3,860 SqFtStories2Lot Size22,651 SqFtStyleMiscellaneous CommercialYear Built1950CountyCUMBERLANDAPNNYAR M:007 L:029

Schools near 424 Walnut Hill Road

This home is within Regional School Unit 51 Msad 51.
Rating
School
Type
Grades
Distance
Mabel I Wilson School
Public - PK to 3
Greely Middle School 4-5
Public - 4 to 5
Greely Middle School
Public - 6 to 8
Greely High School
Public - 9 to 12
Rating
School
Distance
Mabel I Wilson School
PublicPK to 3

Greely Middle School 4-5
Public4 to 5

Greely Middle School
Public6 to 8

Greely High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 424 Walnut Hill Road, North Yarmouth, ME 04097

424 Walnut Hill Road is a mixed use property for sale in North Yarmouth, ME 04097. This property was listed for sale on May 17, 2024 by Malone Commercial Brokers, Inc., it's currently listed at $1,350,000. It has been on the market for a total of 698 days and was last sold on November 3, 2021. This listing's school district is Regional School Unit 51 Msad 51. Nearby schools include Mabel I Wilson School, Greely Middle School 4-5 and Greely Middle School. 424 Walnut Hill Road is a 0-bed, 0-bath, 6,749 sqft mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Malone Commercial Brokers, Inc.

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.