Listed by KW Commercial Greater Portland
$1,695,000
Rockport Maine Area Motel
Details
Property Type Hospitality
Sub Type Motel
Square Footage 8,036
Keys 19
Year Built 1960
Buildings 4
Acreage 3.440
Zoning Mixed Business Residential
Investment Type Owner/User
Hospitality | 19 Keys | $89,211/key
Marketing description
19-unit motel in the heart of midcoast Maine boasting a strategic location along highly-traveled Route 1. The motel features an exterior corridor layout with new Wi-Fi locks that can be accessed remotely. The thoughtfully designed rooms and suites offer a variety of options, including two-bedroom unit apartments. Amenities include a heated outdoor pool, breakfast lounge, in-house laundry, and an owner/manager’s apartment.
With a strong presence in the midcoast market, the motel offer in-place cash flow with potential for additional upside through an expanded season to year-round.
Listing Contacts
Listed by KW Commercial Greater Portland
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