Bought with Swan Agency Real Estate
$3,700,000
$4,100,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
15.5 Acres Lot
SOLD DATE : 03/19/2021
Key Details
Sold Price $3,700,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
MLS Listing ID 1359166
Sold Date 03/19/21
HOA Y/N No
Originating Board Maine Listings
Year Built 1950
Annual Tax Amount $23,028
Tax Year 2017
Lot Size 15.500 Acres
Acres 15.5
Property Description
The Colony Cottages are situated on the scenic shore of Frenchman Bay at Hulls Cove in Bar Harbor Maine. The resort is just a short distance from the entrance to Mount Desert Island - Acadia National Park & downtown Bar Harbor. The Colony offers guests the comfort and tranquility of a traditional Maine waterfront cottage vacation. The resort overlooks the islands in Frenchman Bay. Featuring 31 cottages with 48 units, ranging in size from 418 sq. ft. to 660 sq. ft. plus a 10 unit 4,464 sq. ft. motel. Guests check-in at the 532 sq. ft. free standing office. You will find a 3-bedroom 2445 sq./ ft. Farmhouse & a two-story 1,568 sq. ft. barn which houses the commercial laundry and workshop. The Colony is situated on a 15 acres of wooded parcel with a sloping grassed communal area with a beautiful heated outdoor pool overlooking Frenchman Bay with 200 feet of beachfront. The paved circular driveway provides easy access to all the facilities. A turnkey successful waterfront business.
Location
State ME
County Hancock
Zoning Commercial
Rooms
Basement None, Unfinished
Interior
Cooling A/C Units
Flooring Carpet
Exterior
Garage 21+ Spaces, On Site
View Y/N No
Roof Type Fiberglass,Shingle
Parking Type 21+ Spaces, On Site
Building
Lot Description Business District, Rural
Foundation Pillar/Post/Pier, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Clapboard,Brick,Masonry,Wood Frame
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