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8 Cleaves St Rockport, MA 01966

For Sale
$2,000,000

14-unit motel with recent renovations and strong location.

Property size:
4,174 SF

Property Features for 8 Cleaves St

General Information

Size
4,174 SF

Building Details

Year built
1850

Source: Brad Carlson Agent Brad Carlson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Rockport Motel Near Beach

The Eagle House Motel, located in Rockport, Massachusetts, is available for sale. This hospitality property features 14 units, including 13 rentable units and a manager's office. The property provides off-street parking, a laundry facility, and owner storage. Each room is equipped with a mini fridge, microwave, private bathroom, cable TV, free Wi-Fi, A/C, and an outside deck. Situated in a desirable location, the motel is within walking distance to the beach, village, shops, galleries, and restaurants. The current owner has invested over $250,000 in capital improvements over the past two years, including new decks, new siding, new windows, new staircases, new AC units, a new efficient water heater, and significant upgrades to the existing rooms. Established in 2004, the motel offers an opportunity to increase value by enhancing online marketing and adjusting daily rates to reflect market value, as current rates have been below market despite recent renovations and upgrades.
Insight Report Location Intelligence

Current Use by Public Records

Motels

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Rockport Inn & Suites, Addison Choate, Sea Mist Cottage, Bearskin Neck Motel, The Rockport House

Location Insight

  • Map
  • Local Demand
City
Rockport
County
Essex
State
Massachusetts
Longitude
-70.6201635
Latitude
42.6574492

FAQs

What type of property is this?
Motel - 14-unit motel with recent renovations and strong location.
Where is this motel located?
The property is located at 8 Cleaves St Rockport, MA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Prime location in Rockport, MA, with easy walking distance to the beach, downtown shops, galleries, and restaurants.; - Significant recent capital improvements exceeding $250,000, including **new decks, siding, windows, staircases, AC units, and room upgrades.**; - **13 rentable units**, each equipped with a mini-fridge, microwave, private bathroom, cable TV, free Wi-Fi, A/C, and a private deck.
More about this property
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