Interior Corridor
For Sale
Contact for pricing
Pending
116 Main St, Presque Isle, ME 04769
Interior corridor lodging property with renovated guest rooms, restaurant and lounge facilities, and access to regional recreation.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market692
Property Features for 116 Main St
General Information
Standard status
Pending
Lot size
5.00 Acres
Property subtype
Hospitality
Zoning
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
restaurant and lounge facilities
Building Details
Year Built
1973
Year Renovated
2024
Listing Agency:
Daigle Commercial Group
(207) 773-4222
Listed By:
Roger Daigle · License #DB208870
Source:
Crexi
Added: Oct 9, 2024
Changed: Aug 30
Last Checked: Aug 30 at 11:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daigle Commercial Group
Investment Insights
Based on property information with market context.
This interior corridor hotel includes over 100 guest rooms, with recent renovations completed to 56 keys. The property also contains restaurant and lounge facilities that can be reopened, along with additional improvements intended to support the guest experience and hotel operations. Built in 1973, the asset is located on approximately 5 acres and is zoned Business.
The hotel fronts US Route 1 and provides access to snowmobile trails, including ITS83A, as well as nearby lakes and other recreational activities. It is near downtown Presque Isle and Presque Isle International Airport, while the UMaine at Presque Isle Campus is within 500 feet. The property also presents potential for affiliation with a national hotel franchise.
The hotel fronts US Route 1 and provides access to snowmobile trails, including ITS83A, as well as nearby lakes and other recreational activities. It is near downtown Presque Isle and Presque Isle International Airport, while the UMaine at Presque Isle Campus is within 500 feet. The property also presents potential for affiliation with a national hotel franchise.
Key Highlights
- Over 100 guest rooms, including recent renovations to 56 keys
- Interior corridor hotel built in 1973
- Restaurant and lounge facilities can be reopened
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 04769, ME
8,797
Population
4,568
Households
1.9
Avg Household Size
45
Median Age
27%
College-Educated
93%
High-School Grad
75.8 sq mi
ZIP Area
116
Density / Sq Mi
$57,396
Median Household Income
$38,091
Median Earnings
$875
Median Rent
$142,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Interior corridor lodging property with renovated guest rooms, restaurant and lounge facilities, and access to regional recreation.
Where is this hotel located?
The property is located at 116 Main St Presque Isle, ME.
What are key features of this property?
This property features: Over 100 guest rooms, including recent renovations to 56 keys; Interior corridor hotel built in 1973; Restaurant and lounge facilities can be reopened
