Motel with Owner’s
For Sale
$1,250,000
172 E Main Street, Searsport, ME 04974
Guest accommodations are complemented by a separate residence, an unfinished barn, and an exterior-access room.
Property Size13,070 SF
Lot Size38.00 Acres
Price / SF$95.64
Days on Market1139
Property Features for 172 E Main Street
General Information
Standard status
Active
Size
13,070 SF
Lot size
38.00 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Business Included
Yes
Road Access
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$12,149
Amenities
barn
porch
fireplace
Building Details
Building Size
13,070 SF
Year Built
1850
Stories
3
Listing Agency:
Portside Real Estate Group
(207) 536-4222
Listed By:
Dana Moos · License #BR916154
(207) 266-5604
Source:
Amerorealty
Added: Sep 20, 2023
Changed: Oct 31
Last Checked: Oct 31 at 2:16PM
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
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Investment Insights
Based on property information with market context.
The motel includes 18 guest rooms with a range of room configurations. A separate owner’s residence has 5 bedrooms, 4 baths, two parlors, a dining room, and a kitchen with an induction range and dishwasher. A two-sided wood-burning fireplace connects the parlor and dining room, and porches extend along the front and side of the home. The property also includes an unfinished original barn used for storage and a separate room with exterior access and associated parking.
The 38-acre property is in Searsport, with Acadia National Park, Bar Harbor, Blue Hill, Camden, Castine, Ellsworth, Lincolnville, and other destinations described as roughly an hour’s drive away. The site is zoned Commercial.
The 38-acre property is in Searsport, with Acadia National Park, Bar Harbor, Blue Hill, Camden, Castine, Ellsworth, Lincolnville, and other destinations described as roughly an hour’s drive away. The site is zoned Commercial.
Key Highlights
- 18 motel rooms with varied room configurations
- 38 acres of land
- Owner’s residence with 5 bedrooms and 4 baths
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04974, ME
2,649
Population
1,628
Households
1.6
Avg Household Size
50
Median Age
28%
College-Educated
95%
High-School Grad
28.7 sq mi
ZIP Area
92
Density / Sq Mi
$61,283
Median Household Income
$42,955
Median Earnings
$891
Median Rent
$242,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- The Homeport Inn — 121 E Main St, Searsport, ME 04974
- Captain Sweetsers Inn LLC — 84 E Main St, Searsport, ME 04974
- The Yardarm Motel — 172 E Main St #3311, Searsport, ME 04974
- Searsport Suites — 217 E Main St, Searsport, ME 04974
Frequently Asked Questions
What type of property is this?
Motel - Guest accommodations are complemented by a separate residence, an unfinished barn, and an exterior-access room.
Where is this motel located?
The property is located at 172 E Main Street Searsport, ME.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 18 motel rooms with varied room configurations; 38 acres of land; Owner’s residence with 5 bedrooms and 4 baths
