40 Lafayette St
5,704 SF 100% Leased Office Building Yarmouth, ME 04096 £690,322 (£121.02/SF)
EXECUTIVE SUMMARY
Investment opportunity in the heart of Yarmouth
5,407± SF Multi-tenanted office building plus top-floor apartment
Live/work opportunity with a third-floor apartment and coworking space on the second floor
5,407± SF Multi-tenanted office building plus top-floor apartment
Live/work opportunity with a third-floor apartment and coworking space on the second floor
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
£7,201
|
£0.90
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£7,201
|
£0.90
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,704 SF
Building Class
B
Year Built/Renovated
1920/1980
Price
£690,322
Price Per SF
£121.02
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,901 SF
Building FAR
0.39
Lot Size
0.34 AC
Zoning
V - Village
Parking
15 Spaces (2.63 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Corporate Fleet Leasing Llc
- Rental and Leasing Services
- -
- -
- -
- Friends In Home Care
- Health Care and Social Assistance
- -
- -
- -
- Gorilla Rehabilitation & Conservation Education Ce
- Health Care and Social Assistance
- -
- -
- -
- Insurers Loss Control Institute
- Educational Services
- -
- -
- -
- Think Tank Coworking
- Real Estate
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Corporate Fleet Leasing Llc | Rental and Leasing Services | - | - | - | ||
| Friends In Home Care | Health Care and Social Assistance | - | - | - | ||
| Gorilla Rehabilitation & Conservation Education Ce | Health Care and Social Assistance | - | - | - | ||
| Insurers Loss Control Institute | Educational Services | - | - | - | ||
| Think Tank Coworking | Real Estate | - | - | - |
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PROPERTY TAXES
| Parcel Number | YMTH-000028-000000-000029 | Total Assessment | £280,525 (2024) |
| Land Assessment | £96,877 (2024) | Annual Taxes | £7,201 (£1.26/sf) |
| Improvements Assessment | £183,649 (2024) | Tax Year | 2025 |
