Search
Oceanfront Hotel Portfolio
For Sale
$10,500,000

886 Commercial Street, Rockport, ME 04856

Commercial Sale, Rockport, ME

Property Size9,561 SF
Lot Size11.10 Acres
Price / SF$1,098
Days on Market192

Property Features for 886 Commercial Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning 907-Mixed Bus/Res.
Rooms Basement
Parking features Offsite
Basement Partial, Unfinished, Walk-Out Access
Lot features Waterfront, Water View, Business District
Standard status Active
Size 9,561 SF
Lot size 11.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 41415

Utilities

Water front features Ocean Front
Water front 1

Amenities

two heated pools, one with vanishing edge

Building Details

Year built 1993
Building materials Wood Frame
Listing Agency: Portside Real Estate Group
Listed By: Dana Moos
Added: Mar 5 Changed: Sep 12 Last Checked: Sep 13 at 2:06AM
MLS# 1647042

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This oceanfront hotel portfolio includes four buildings totaling 42 rooms across the Strawberry Hill Inn and Island View Inn properties. The offering includes 9,561 square feet of improvements, two heated pools, and a wood-frame construction profile dating to 1993. One pool features a vanishing edge. Current operations include 40 rented units, while the portfolio also provides an owner or manager apartment with a remodeled kitchen, great room, office area, bedroom, ensuite bath, and additional hall bath.

The properties are located at 886, 898, and 904 Commercial Street in Rockport, Maine, with ocean frontage and views toward Ram Island and Penobscot Bay. The portfolio carries 907-Mixed Bus/Res. zoning and includes offsite parking. Unit distribution includes 21 units at Strawberry Hill Inn, 15 units in the main Island View building, three rental units plus owner quarters in another building, and three units in the smaller northern building.

Key Highlights

  • 42‑room hotel portfolio across 4 buildings
  • 9,561 square feet of improvements; built in 1993
  • Ocean frontage with views of Ram Island and Penobscot Bay

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Strawberry Hill Seaside ... Hotel & Motel

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Bakery Real Estate Agency (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 04856, ME

3,644
Population
1,959
Households
1.9
Avg Household Size
51
Median Age
48%
College-Educated
93%
High-School Grad
21.6 sq mi
ZIP Area
169
Density / Sq Mi
$93,169
Median Household Income
$32,418
Median Earnings
$1,175
Median Rent
$415,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Four-building hospitality portfolio with 42 rooms, heated pools, and a remodeled owner or manager apartment.
Where is this hotel located?
The property is located at 886 Commercial Street Rockport, ME.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 42‑room hotel portfolio across 4 buildings; 9,561 square feet of improvements; built in 1993; Ocean frontage with views of Ram Island and Penobscot Bay
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message