Motel with Private
For Sale
$3,750,000
986 State Highway 3, Bar Harbor, ME 04609
The lodging property combines separate guest cottages, a 10-room motel, and a manager’s residence.
Property Size8,782 SF
Lot Size22.00 Acres
Price / SF$427.01
Days on Market934
Property Features for 986 State Highway 3
General Information
Standard status
Active
Size
8,782 SF
Lot size
22.00 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Business Included
Yes
Road Access
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$13,324
Building Details
Building Size
8,782 SF
Year Built
1950
Listing Agency:
Real Broker
(207) 272-3954
Listed By:
Brandon Howland · License #BA927547
(207) 598-8766
Source:
Amerorealty
Added: Apr 12, 2024
Changed: Oct 31
Last Checked: Oct 31 at 2:13PM
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 Real Broker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This hospitality property spans 22+ acres and includes 11 private cottages alongside a 10-room motel, for 21 guest units overall. The manager’s house has 3 bedrooms and 1.5 bathrooms. Improvements include renovations to eight motel rooms and six cottages, sunrooms in seven cottages, and new roofs on nine cottages and the motel’s front roof, completed in 2018.
The property is at 986 State Highway 3 in Bar Harbor, 7 miles from town and near Acadia National Park. The lodging buildings occupy the front 4 acres of the parcel.
The property is at 986 State Highway 3 in Bar Harbor, 7 miles from town and near Acadia National Park. The lodging buildings occupy the front 4 acres of the parcel.
Key Highlights
- 21 guest units: 11 private cottages and a 10‑room motel
- 22+ acres, with lodging buildings on the front 4 acres
- Guest capacity of up to 89 across 47 beds
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04609, ME
5,089
Population
3,499
Households
1.5
Avg Household Size
48
Median Age
58%
College-Educated
96%
High-School Grad
42.2 sq mi
ZIP Area
121
Density / Sq Mi
$74,408
Median Household Income
$44,455
Median Earnings
$1,190
Median Rent
$451,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Blue Bell Cottage — 1129 Bar Harbor Rd, Bar Harbor, ME 04609
- Eden Village Motel & Cottages — 986 ME-3, Bar Harbor, ME 04609
- Heathwood Inn — 6 Long & Winding Rd, Bar Harbor, ME 04609
- Belle Isle Motel — 910 ME-3, Bar Harbor, ME 04609
Frequently Asked Questions
What type of property is this?
Motel - The lodging property combines separate guest cottages, a 10-room motel, and a manager’s residence.
Where is this motel located?
The property is located at 986 State Highway 3 Bar Harbor, ME.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 21 guest units: 11 private cottages and a 10‑room motel; 22+ acres, with lodging buildings on the front 4 acres; Guest capacity of up to 89 across 47 beds
