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    Norway, ME
    Hospitality

    Norway, ME Hospitality Properties for Sale

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    Paris, ME South Paris, ME Oxford, ME Otisfield, ME West Paris, ME Harrison, ME Waterford, ME Hebron, ME
    Renovated 32-Room Motel
    Updated: Nov 8, 2023
    Renovated 32-Room Motel

    58 Paris Street, Norway, ME 04268

    $1,695,000
    8,288 sqft
    32 guest rooms in an 8,288‑square‑foot motel
    Renovations completed in fall 2023; built in 1989
    Manager’s or owner’s suite created from two motel rooms, with two bathrooms and separate office and exterior access
    On‑site full laundry facility, guest coffee room, and Wi‑Fi throughout
    Outdoor fire pit and picnic area, plus an enclosed dog area
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Hospitality for sale in Norway, ME. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Bed & Breakfast Property
    Historic Bed & Breakfast Property

    434 Main Street, Oxford, ME 04270

    $675,000
    4,667 sqft 6.60 AC lot

    Historic commercial property with gathering rooms, covered porches, pool, dock, and landscaped grounds.

    View details
    Waterfront Seasonal Campground
    Waterfront Seasonal Campground

    233 Vacationland Road, Harrison, ME 04040

    $4,800,000
    6,228 sqft 16.20 AC lot

    Seasonal campground with lake access, operating improvements, and a private well-and-septic utility system.

    View details
    Historic Wedding Venue Property
    Historic Wedding Venue Property

    434 Main St, Oxford, ME 04270

    $675,000
    4,667 sqft

    Historic riverfront property with gathering rooms, event-oriented grounds, a pool, dock, and attached barn or garage space.

    View details
    Waterfront Seasonal Campground
    Waterfront Seasonal Campground

    233 Vacationland Road, Harrison, ME 04040

    $4,800,000
    6,228 sqft

    Established seasonal campground with lakefront campsites, guest amenities, and an included operating business.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mixed-Use Corridor Development Land
    Mixed-Use Corridor Development Land

    49-2 Harrison Road, Bridgton, ME 04009

    $159,000
    1.21 AC lot

    Flat, open commercial land zoned MUC with a range of mixed-use development possibilities.

    View details

    Norway, ME Hospitality Properties Market Trends and Statistics

    Explore 1 hospitality properties for sale in Norway, ME on our real estate platform. These investment opportunities span a total of 8,288 square feet of properties for sale, with an estimated market value of $1,695,000.

    Sale prices for hospitality properties in Norway, ME average $1,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 5,168
    Population Growth (5Y) +4.0%
    Median Household Income $53,162
    College Educated 32.4%

    High-Yield Neighborhoods for Investment

    Identify Norway submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04268 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.38%
    Property Tax per SF $6.19 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oxford County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Norway, ME

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