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Amazing opportunity to own turnkey terrific income producing 20+ unit motel steps to beach with many recent upgrades. Excellent return on investment! Motel is comprised of 20 efficiency style units - some with double and single beds with privacy partitions in between beds - as well as 2 BD 1 BA owners quarters with new kitchen. Full basement with laundry and bathroom. All units have decks and some have ocean views from rear of room. Common areas for seating and inground heated pool. Motel licensed for year round or could be run seasonally. Great income with financials provided upon signing of NDA.
Property Type(s):
Commercial
| Last Updated | 9/17/2023 | Year Built | 1958 |
|---|---|---|---|
| County | York |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Frame |
| HEAT | Electric, Heat Pump |
| INTERIOR | Storage |
| LOT | 0 |
| LOT DESCRIPTION | Downtown, Near Shopping, Near Turnpike/Interstate, Public Transport Access, Water View |
| MLS STATUS | Active |
| PARKING | 21 Spaces, Leased, On Site, Other, Off Street |
| SEWER | Public Sewer |
| TAXES | 12334 |
| UTILITIES | Electric - Circuit Breakers |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean |
| ZONING | BRD |
Listing provided by Kre Brokerage Group
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.© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2023 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2023.
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