455 Kennedy Memorial Dr, Waterville, ME 04901 For Sale

The Elmwood is an attractive highway hotel in Waterville, Maine, with 50 keys and high visibility at the first Northbound exit of Interstate 95, with comfortable guestrooms in two buildings.

The property has undergone extensive renovations to the entire facility and guestrooms, further enhancing its appeal to today’s lodging guests.

Benefiting from its strategic location on Kennedy Memorial Drive, the hotel is well-positioned to capture a diverse mix of business from varied demand drivers, including transient travelers, college-related visitors, nearby hospital traffic, and business travelers.

Its convenient access to downtown Waterville, Colby College, Thomas College, and the area’s major healthcare and employment centers further reinforces its appeal as a well-located lodging option in one of central Maine’s key commercial markets.