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$1,295,000

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 424 Walnut Hill Rd

General

  • Price: $1,295,000
  • Taxes: $11,046 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MREIS
  • MLS ID: 1590018
  • Updated: 6/4/2026
  • Added to Site: 98 day(s) ago

Business

  • Business Type: Freestanding Building, Commercial, Restaurant, Flex, O

Interior

  • Flooring: Carpet, Concrete, Tile, Wood

Parking

  • Parking Features: 21 or More Spaces, On-Site Parking, Paved

Location

  • County: Cumberland

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Electric, Oil, Heat Pump, Steam

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Water: Public

Structural Information

  • Structure Type: Post & Beam
  • Construction: Wood Frame, Other, Vinyl Siding, Wood Siding
  • Basement: Yes
  • Basement Desc.: Dirt Floor, Crawlspace, Partial, Brick/Mortar
  • Roof: Membrane, Pitched, Shingle
  • Stories/Levels: 2
  • Square Feet: 6,749
  • Year Built: 1900
  • Other Struct. Feat.: Fire System, Other Equipment

Additional Structures

  • Other Structures: Barn(s)

Lot Features

  • Lot Size (Acres): 0.52
  • Lot Size (Sq. Ft.): 22,651.2
  • Zoning: Village Center
  • Lot Description: Other, Suburban

Financial Considerations

  • Tax Amount: $11,046
  • Tax Year: 2023

Disclosures and Reports

  • Lot Number: 29

Listed by Malone Commercial Brokers, Inc. (207) 772-2422

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Listing agents

— 424 Walnut Hill Rd —

  • Malone Commercial Brokers, Inc.

    207-772-2422

  • Malone Commercial Brokers, Inc.

    207-772-2422

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 424 Walnut Hill Rd

School District:School Administrative District 51
NameGradesDistance
Greely Middle School 4-5
351 Tuttle Road, Cumberland, ME 04021
4-52.1 mi
Mabel I Wilson School
353 Tuttle Road, Cumberland, ME 04021
PK-32.2 mi
Greely Middle School
351 Tuttle Road, Cumberland, ME 04021
6-82.1 mi
Greely High School
303 Main Street, Cumberland, ME 04021
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 424 Walnut Hill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2026
Price Reduced
$1,295,000
-4.07%
MLS
4/14/2026
Price Reduced
$1,350,000
-6.9%
MLS
7/24/2024
Price Reduced
$1,450,000
-10.77%
MLS
6/28/2024
Price Reduced
$1,625,000
-10.96%
MLS
5/17/2024
Listed
$1,825,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 424 Walnut Hill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,610
2%
$560,600
-3%
2024
$11,403
3%
$575,900
—
2023
$11,046
61%
$575,900
52%
2022
$6,845
6%
$378,200
—
2021
$6,467
3%
$378,200
—
2020
$6,259
-3%
$378,200
-2%
2019
$6,427
—
$386,700
—
2018
$6,446
10%
$386,700
7%
2017
$5,885
2%
$361,700
11%
2016
$5,765
1%
$327,200
—
2015
$5,733
2%
$327,200
—
2014
$5,611
5%
$327,200
—
2013
$5,360
—
$327,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 424 Walnut Hill Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Malone Commercial Brokers, Inc. (207) 772-2422

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424 Walnut Hill Road, North Yarmouth, ME 04097 (MLS# 1590018) is a Commercial property. 424 Walnut Hill Road is currently listed for $1,295,000 and was received on April 14, 2026. Want to learn more about 424 Walnut Hill Road? Do you have questions about finding other Commercial real estate for sale in North Yarmouth? You can browse all North Yarmouth real estate or contact a Coldwell Banker agent to request more information.

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