Price $799,000
Status Active
Size 10,681 sq ft
Lot Size 1.23 ac
This complex of three buildings features a classic, well-maintained John Calvin Stevens home with a new slate roof, containing office and meeting areas, four additional hotel rooms and two other buildings with 18 rooms, totaling 25 hotel rooms. Katherine Hepburn stayed in the hotel several times in the past. The current owner has transitioned to longer-term stays and occupancy has remained near capacity throughout the year. This could easily be converted to a bed & breakfast or office property. A solid investment with a CAP rate of 12.5%.
Property Type(s): Commercial
Last Updated 8/7/2018 Year Built 1904
County York

Additional Details

AIR No Cooling
BASEMENT Bulkhead, Full, Yes
CONSTRUCTION Wood Frame
EXTERIOR Clapboard
FIREPLACE Yes
GARAGE No Vehicle Storage
HEAT Hot Water
INTERIOR Out Building, Porch
LOT 1.2300 acre(s)
LOT DESCRIPTION Level, Sidewalks
PARKING 11-20 Spaces
SEWER Public
STYLE Federal
TAXES 15291
UTILITIES Cable
WATER Public
Listing provided by Coldwell Banker Residential Brokerage

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2018 Maine Real Estate Information System, Inc. All Rights Reserved.

Walk Score provided by walkscore.com.

Additional school data provided by greatschools.org.

This IDX solution is (c) Diverse Solutions 2018.

 

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