Bought with NextHome NorthEast Realty
$530,000
$600,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
14,660 SqFt
SOLD DATE : 07/19/2024
Key Details
Sold Price $530,000
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Sold
Square Footage 14,660 sqft
MLS Listing ID 1583006
Sold Date 07/19/24
HOA Y/N No
Originating Board Maine Listings
Year Built 1958
Annual Tax Amount $15,877
Tax Year 2023
Lot Size 4.600 Acres
Acres 4.6
Property Description
Offering an exciting opportunity for a hospitality entrepreneur in Maine! The Pamola Motor Lodge, an esteemed commercial motel property in Millinocket, ME, features 24 interior- and exterior-corridor guest rooms with ensuite bathrooms, a recently renovated 130-occupant lounge, and an attached leased and operating restaurant. All furniture, fixtures, and equipment will be included. The property also includes a camping bathhouse with seven tent sites, which adds to its income potential and allure for tourists and hikers who frequent Millinocket to explore Baxter State Park, the Katahdin Woods & Waters National Monument, or to complete the Appalachian Trail hike. With its ample parking and strategic location off the Interstate Trail and ATV Trail Systems, the property also provides significant benefits to snowmobilers and outdoor enthusiasts seeking accommodations in the area. Contact us today to explore this unique property in Northern Maine!
Location
State ME
County Penobscot
Zoning HC
Interior
Heating Hot Water, Baseboard
Cooling A/C Units
Flooring Tile, Laminate, Carpet
Equipment Internet Access Available, Cable
Exterior
Garage 21+ Spaces, On Site, Other, Paved
View Y/N No
Roof Type Membrane
Accessibility Level Entry
Parking Type 21+ Spaces, On Site, Other, Paved
Building
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Wood Frame
Others
Energy Description Oil
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