81 Bridge Street
Yarmouth, ME 04096

$5,250,000
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Built in 1840, the Sparhawk Mill is a true landmark legacy property perched on the majestic Royal River in Yarmouth, Maine. This brick complex with its famous bell tower (bell still there) is an architectural icon. Frequently photographed and...
$5,250,000
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27,696 Sq Ft.
Interior
2.2 Acres
Exterior
Commercial
Property type
1850
Year Built
1512484
Web Id
1512484
MLS ID
Yarmouth
School District

About 81 Bridge Street

Built in 1840, the Sparhawk Mill is a true landmark legacy property perched on the majestic Royal River in Yarmouth, Maine. This brick complex with its famous bell tower (bell still there) is an architectural icon. Frequently photographed and featured in numerous publications, the Sparhawk Mill has been lovingly transformed from its past industrial life into cutting edge contemporary office suites achieving the perfect blend of past and present. Extensive renovations include new roofs, new windows, new gas heating systems, newly paved parking lot (70+ parking spots), as well as new kitchens and baths added to all units. The Sparhawk community is now a hub of creativity, including three highly regarded marketing firms, a top notch interior designer, a renowned music teacher, a long-term engineering firm, a high-end food importer, and the award winning Garrison Restaurant/Dandelion Catering company. Although the Sparhawk Mill is just a couple minutes off Route 1 and I-295, upon arrival you feel the tranquility of its country setting. Picturesque views from every window.Zoning allows many future opportunities including: Additional building(s), Condominiums, Boutique Hotel, Residential Penthouse(s)The property has only 10 tenants (one vacant unit for potential owner user), all leases are NNN and are currently under market value. 3% yearly accelerator clauses, provides the owner $10,000 in additional revenue each year. This property is easy to manage for any owner.Projected NOI of $345,500 with self management.

Listing Courtesy of John Graham Real Estate

Amenities

  • Hardwood Flooring

features

cooling
Heat Pump
Style
Brick

PROPERTY INFORMATION

Amenities
32 - 36 Inch Doors, Ramped Main Level
Basement
Brick/Mortar, Daylight, Finished, Walkout Access
Cooling
A/C Units, Heat Pump
Heating
Direct Vent Furnace, Heat Pump, Hot Air
Location
Near Shopping, Near Turnpike/Interstate, Rural, Water Frontage, Water View
Parking Description
21+ Spaces, On Site, Paved
Sewer
Public Sewer
Water
Public

EXTERIOR

Construction
Masonry
Exterior Features
Brick
Roofing
Membrane, Shingle

INTERIOR

Flooring
Wood
Listing Courtesy of John Graham Real Estate
Listing Courtesy of John Graham Real Estate
Legacy Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 81 Bridge Street, Yarmouth, Maine 04096 United States is a Commercial with bedrooms, full baths, and partial baths. It is located in , Yarmouth, Maine, and is in the 04096 zip/post code area. This home of 27,696 Sq.Ft. was built in 1850 and is on a 2.2 Acres lot. Legacy Sotheby’s International Realty also has property listings in cities near Yarmouth, including Falmouth Foreside, Cumberland Foreside and Cumb Foreside. If you would like more information about this home for Sale at 81 Bridge Street, Yarmouth, Maine 04096 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.

John Graham Real Estate

Listing Courtesy of John Graham Real Estate
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