75 Willow StYarmouth, ME 04096

  • Office buildings
  • 4,117 SF
For Sale
$1,598,000 View listing

Property Details for 75 Willow St

Year built
1999
Construction
FRAME
Lot size
0.40 AC
Property size (Sq ft)
4,117 SF
Zone code
CD4-C2
Property type
Office buildings
APN
YMTH M:033 L:071
APU
YMTHM033L071

Description

This exceptional 4,117 square foot medical office building is situated on a 0.4-acre lot at 75 Willow St, Yarmouth, Maine, 04096. Built in 1999, this single-story structure is zoned CD4-C2 and offers a turnkey solution for medical professionals. Previously used as a veterinary clinic, the building boasts a sophisticated infrastructure ideally suited for various medical practices. Key features include a state-of-the-art medical-grade air purification system, comprehensive medical-gas and scavenger lines, and an on-demand generator with a propane tank providing up to a week of backup power. The thoughtfully designed layout includes individually plumbed exam rooms, a dedicated x-ray room equipped with electric sub-panels, and a fully functional surgery room. This meticulously maintained property presents a rare opportunity to acquire a well-equipped, strategically located medical office building in a thriving Maine community. The asking price is $1,598,000. This is a for sale by owner listing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $680,663
    6.5%
    $628,304
    7%
    $583,426
  • Comparable approach

    Method
    Valuation
    Relative Method
    $537,927
    Geo Method
    $537,927
  • Alternative Use

    Use
    Valuation
    Residential
    $779,097
    Hospitality
    $713,649
    Educational
    $593,748
    Medical
    $614,168
    Retail
    $923,607

Location Insight

City
Yarmouth
County
Cumberland
State
Maine
Latitude
43.8036
Longitude
-70.1789
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,783
$195,100
$432,900
$628,000
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