Motel with Family
For Sale
$550,000
32 Main Street, Sherman, ME 04776
Guest accommodations include ensuite bathrooms, kitchen-equipped rooms, laundry facilities, and separate manager’s quarters.
Property Size8,326 SF
Lot Size4.40 Acres
Price / SF$66.06
Days on Market623
Property Features for 32 Main Street
General Information
Standard status
Active
Size
8,326 SF
Lot size
4.40 Acres
Property subtype
Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,544
Amenities
laundry room
Building Details
Building Size
8,326 SF
Year Built
1971
Listing Agency:
Maine Values Real Estate
Listed By:
Richard Yost III
(207) 838-7773
Source:
Integrityhomesrealestategroup
Added: Feb 19, 2025
Changed: Oct 30
Last Checked: Nov 3 at 7:49AM
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 Maine Values Real Estate
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Investment Insights
Based on property information with market context.
This 17-unit motel contains 8,326 square feet and has exterior guest corridors. Every room includes an ensuite bathroom. Three rooms have kitchenettes and two beds apiece; two family suites offer full kitchens, four beds, and two bedrooms each. A laundry room serves the motel, and a full basement runs beneath the guest-room area. An attached two-bedroom, two-bathroom trailer is used as manager’s quarters. Furniture, fixtures, and equipment are included with the property, along with 4.4 acres of land.
The property is immediately off I-95 in Sherman, near Baxter State Park and the Katahdin Woods & Waters National Monument. The motel was built in 1971.
The property is immediately off I-95 in Sherman, near Baxter State Park and the Katahdin Woods & Waters National Monument. The motel was built in 1971.
Key Highlights
- 17 motel units across 8,326 square feet
- 4.4 acres included with the property
- Three rooms have kitchenettes and two beds each
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04776, ME
907
Population
479
Households
1.9
Avg Household Size
54
Median Age
14%
College-Educated
83%
High-School Grad
95.7 sq mi
ZIP Area
9
Density / Sq Mi
$50,625
Median Household Income
$32,222
Median Earnings
$100,800
Median Home Value
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Similar Off Market Nearby
- Katahdin Valley Motel — 32 Main St, Sherman, ME 04776
Frequently Asked Questions
What type of property is this?
Motel - Guest accommodations include ensuite bathrooms, kitchen-equipped rooms, laundry facilities, and separate manager’s quarters.
Where is this motel located?
The property is located at 32 Main Street Sherman, ME.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 17 motel units across 8,326 square feet; 4.4 acres included with the property; Three rooms have kitchenettes and two beds each
