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Renovated 32-Room Motel
For Sale
$1,695,000

58 Paris Street, Norway, ME 04268

Guest amenities include on-site laundry, a coffee room, outdoor gathering space, and an enclosed dog area.

Property Size8,288 SF
Price / SF$204.51
Days on Market1089

Property Features for 58 Paris Street

General Information

Standard status Active
Size 8,288 SF
Property subtype Commercial
Zoning General/Commercial

Taxes and HOA fees

Annual Taxes $7,749

Amenities

full laundry facility
outdoor fire pit and picnic area
enclosed exterior area for dogs
guest coffee room
shed with EV stations
WIFI throughout

Building Details

Building Size 8,288 SF
Year Built 1989
Year Renovated 2023
Stories 1
Listing Agency: Portside Real Estate Group
Listed By: Dana Moos · License #BR916154
Source: Amerorealty
Added: Nov 8, 2023 Changed: Oct 31 Last Checked: Oct 31 at 2:30PM

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 Portside Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

The 8,288-square-foot motel contains 32 rooms and was built in 1989, with renovation work completed in fall 2023. A manager’s or owner’s suite sits beside the office and was formed from two former motel rooms. It includes a kitchen, living room, bedroom, two bathrooms, and a walk-in closet, with access from both the office and outdoors.

Guest amenities include a full laundry facility, coffee room, Wi-Fi throughout, and parking. Outside, the property offers a fire pit and picnic area, an enclosed space for dogs, and a shed with EV stations. The motel is a short walk from town, where restaurants and shopping are available. Zoning is General/Commercial.

Key Highlights

  • 32 guest rooms in an 8,288‑square‑foot motel
  • Renovations completed in fall 2023; built in 1989
  • Manager’s or owner’s suite created from two motel rooms, with two bathrooms and separate office and exterior access

Property Analytics

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Open Analytics

Current Use

Inn Town Motel Hotel & Motel The Norway Inn Hotel & Motel

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04268, ME

5,077
Population
2,869
Households
1.8
Avg Household Size
48
Median Age
23%
College-Educated
90%
High-School Grad
45.0 sq mi
ZIP Area
113
Density / Sq Mi
$53,162
Median Household Income
$35,897
Median Earnings
$758
Median Rent
$184,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • The Victorian on Main — 230 Main St, Norway, ME 04268
  • Hazen House — 7 hazen st, norway, me 04268
  • Inn Town Motel — 58 paris st, norway, me 04268
  • The Norway Inn — 58 Paris St, Norway, ME 04268
  • Paris Inn Motel — 191 Main St, South Paris, ME 04281

Frequently Asked Questions

What type of property is this?
Motel - Guest amenities include on-site laundry, a coffee room, outdoor gathering space, and an enclosed dog area.
Where is this motel located?
The property is located at 58 Paris Street Norway, ME.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 32 guest rooms in an 8,288‑square‑foot motel; Renovations completed in fall 2023; built in 1989; Manager’s or owner’s suite created from two motel rooms, with two bathrooms and separate office and exterior access
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