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28330252

735 Main St, Madawaska, ME 04756

NF
ME BR922159, NH 075665
KW Commercial Greater Portland
RD
ME BA923379, MA 9550153
KW Commercial Greater Portland
Listed by KW Commercial Greater Portland
$695,000
199 days on market
Updated 38 days ago
Opportunity zone

Northern Maine Motel

Details
APN 011-000-043
Property Type Hospitality
Sub Type Motel
Square Footage 16,772
Keys 33
Price per SqFt $41
Year Built 1959, 1962
Year Renovated 2014
Stories 2
Acreage 5.130
Zoning RF
Investment Type Owner/User

Hospitality | 33 Keys | $21,061/key

Marketing description

The Gateway Motel presents a rare value-add lodging opportunity in the heart of Maine’s St. John Valley. The property includes 33 rentable guest rooms, an on-site restaurant with full commercial, and an attached 3-bedroom owner’s residence offering convenience and operational efficiency for an owner-operator. An additional 12 units are not currently rentable, requiring full renovation — providing meaningful upside for a buyer looking to expand room count and reposition the asset.

The property benefits from excellent visibility, ample parking, and several demand drivers in the region, including outdoor recreation and local workforce travel. With 5+ acres, the property abuts ATV and snowmobile trails creating potential year-round demand. While current operations have been focused on updates, the Gateway Motel offers a solid foundation for new ownership to modernize, rebrand, and capture the area’s lodging needs.

Investment highlights

  • 33 guestrooms with exterior corridors

  • Restaurant with commecial kitchen

  • 3-bedroom Owner’s residence

  • In-house laundry

  • Opportunity to increase room count with 12 additonal guestrooms in need of renovations

  • 5+ acres abutting ATV and snowmobile trails

Listing Contacts

NF
ME BR922159, NH 075665
KW Commercial Greater Portland
RD
ME BA923379, MA 9550153
KW Commercial Greater Portland
Listed by KW Commercial Greater Portland

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