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Bean Group
Offered at $395,000Active
beds
—
baths
0
sq ft
928
Built
2007

40 North Road

Swans Island, ME 04685

About this home

Great opportunity to run the only store on the island, The Island Market & Supply, known as TIMS, is searching for a new owner. Its current owners of ten years are selling so that they may focus on their second business, Swan's Island Freight. The store is small but compact with all the necessities that people are looking for on the island and a great chance to have a very important role in the community. TIMS offers pantry staples, baked goods and beverages, fresh produce, meats and seafood, dairy and ice cream, specialty cured meats and cheeses, and prepared meals. Daily lunch specials and pizzas made to order on evenings are prepared in a concession trailer with a commercial kitchen. Turnkey operation, Real Estate, FF&E, inventory, and a propane filling station included in sale. Strong numbers and the owners will help with the transition.

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1670081

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Details at a glance

Interior3 property facts
Heating
Electric, Wood, Heat Pump, Wood Stove
Cooling
None
Flooring
Wood
Building4 property facts
Style
General Commercial
Year built
2007
Foundation
Pillar/Post/Pier
Roof
Metal
Land & utilities4 property facts
Lot size
0.85 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
none
Financial2 property facts
Annual taxes
$2,242
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $395,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,184 / monthAdjust
Principal & interest
$1,997
Property tax
$187
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,242. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 40 North Road

Can I request a private showing?

Request a tour of 40 North Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.