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424 Walnut Hill Rd
North Yarmouth, ME 04097
Retail Property For Sale

Investment Highlights

  • Route 115 commuter traffic between suburban communities and Portland, Maine.
  • Completely updated interior finishes and fixtures for the bakery and restaurant operation.
  • Large bakery and kitchen areas with ample dry and cold storage.

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,832 SF
Building Class
C
Year Built
1900
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.52 AC
Zoning
Village Center District - Village Center
Parking
40 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
166’ on Walnut Hill Rd (Rt. 115)

Amenities

  • Courtyard
  • Restaurant
  • Accent Lighting
  • Air Conditioning

About 424 WALNUT HILL RD , NORTH YARMOUTH, ME 04097

Turn key bakery and 74 seat restaurant in North Yarmouth, Maine a growing suburb 25 minutes north of Portland, Maine. Portland is a major employment base and cultural center for the region. Freeport, Maine home to LL Bean and numerous retail outlet stores, is 15 minutes northeast. Stones Bakery + Cafe was substantially renovated and updated during 2019 and 2020. For decades, Stones has been a gathering place for local residents and visitors who meet for breakfast and lunch. In addition to the fully furnished bakery & restaurant operation, the main building houses two residential apartments on the second floor. A post and beam barn offers expansion potential for a pub or bar and grill. The Town of North Yarmouth has initiatives and incentives for local business development. More than 100 homes within a one mile radius have been built over the past few years. Stones has shifted the business model to include retail grocery and gift items as well as grab and go frozen pies, dinners and specialty foods. With the recent addition of a liquor license, Stones has added a selection of wines to the retail store and serves margaritas, daiquiris and bloody mary's. Indoor seating has been discontinued due to the pandemic but there is ample outdoor seating and fire pits for customers to enjoy.

Property Taxes

Property Taxes

Parcel Number
NYAR-000007-000000-000029
Land Assessment
$90,000
Improvements Assessment
$485,900
Total Assessment
$575,900
  • Listing ID: 22710481

  • Date on Market: 4/12/2021

  • Last Updated:

  • Address: 424 Walnut Hill Rd, North Yarmouth, ME 04097

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