Bought with Non MREIS Agency
$4,250,000
$4,500,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
15,000 SqFt
SOLD DATE : 03/27/2024
Key Details
Sold Price $4,250,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 15,000 sqft
MLS Listing ID 1515711
Sold Date 03/27/24
HOA Y/N No
Originating Board Maine Listings
Year Built 1940
Annual Tax Amount $14,791
Lot Size 0.750 Acres
Acres 0.75
Property Description
The Betty Doon Motor Hotel is a 24 room facility located in the center of Downtown Ogunquit. It's within walking distance of everywhere in the Village, just 1/4 from the beach. There are also 3 commercial units along Beach Street that provide additional income. The Betty Doon is still in operation, currently closed for the winter. A buyer could continue operations while planning and/or making upgrades to the site and structure or perhaps constructing another building on site. The 0.75 acre lot offers many possibilities for redevelopment.
Location
State ME
County York
Zoning DOWNTOWN BUSINESS
Interior
Heating Multi-Zones, Hot Water, Baseboard
Cooling A/C Units
Flooring Wood, Vinyl, Laminate, Concrete, Carpet
Equipment Internet Access Available, Cable
Exterior
Garage 21+ Spaces, On Site
View Y/N No
Roof Type Shingle,Tar/Gravel
Parking Type 21+ Spaces, On Site
Building
Lot Description Public Transport Access, Downtown, Business District, Bus Line
Building Description Wood Siding,Wood Frame, Sprinkler - Wet
Story 3
Foundation Block, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Wood Frame
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