Bought with Swan Agency Real Estate
$1,050,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
7,000 SqFt
SOLD DATE : 07/20/2021
Key Details
Sold Price $1,050,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 7,000 sqft
MLS Listing ID 1423971
Sold Date 07/20/21
HOA Y/N No
Originating Board Maine Listings
Year Built 1956
Annual Tax Amount $8,321
Tax Year 2018
Lot Size 5.440 Acres
Acres 5.44
Property Description
This updated motel has a total of 24 units in large building (one is being used as part of the owner's quarters as a 2nd bedroom and one is not part of the rentable inventory so the revenue is from 22 rooms) plus 1 fully equipped 1BR/1BA rental cottage. There is also an owner's quarters with a large office off the lobby, open floor plan kitchen and great room with tiled floors, granite counters, large bedroom and full bath and small office area. The back is beautifully wooded with a fire pit and chairs and has room to expand the back 2 acres for cottages, tree houses or tiny houses! all guest rooms are spacious and offer coffee makers, tables and chairs inside and outside in front of each room. New siding, New roof, new brick veneer. The list goes on and is available to see. Strong business in place, a buyer only has to do more marketing. The physical plant is very well taken care of with no deferred maintenance. Open year round and with Bucksport growing with business and commerce, that should only continue to improve business.
Location
State ME
County Hancock
Zoning comm 1
Direction Heading north on Route 1 toward Bucksport, just as you cross over the bridge, you make a right on Route 1 and the property sits on the left behind Dunkin Donuts.
Rooms
Basement Walk-Out Access, Full, Unfinished
Interior
Heating Blowers
Cooling A/C Units
Flooring Vinyl, Tile, Carpet
Exterior
Garage 21+ Spaces
View Y/N No
Roof Type Composition,Shingle
Parking Type 21+ Spaces
Building
Lot Description Business District
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Shingle Siding,Brick Veneer,Wood Frame
Others
Restrictions Unknown
Financing Conventional
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