Courtesy: EXP Realty
888-439-8743
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 a cap rate of 7.56%.
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
Trudy Bird's Ølbar is well-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 1,225± SF on the first floor with an additional 900± 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. A full list of updates is listed below. All FF&E are included in the sale. The name will not convey.
North Yarmouth is located in Maine. North Yarmouth, Maine has a population of 4,037. North Yarmouth is more family-centric than the surrounding county with 41.38% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in North Yarmouth, Maine is $105,917. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in North Yarmouth is 48.1 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 48.8 inches per year, with 74.3 inches of snow per year.
