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50-Room Motel with Apartments

196 Us-1, Bucksport, ME 04416

For Sale
$1,500,000

Commercial zoning and apartments above the lobby add flexibility to the property's existing lodging layout.

Property Size18,044 SF
Lot Size9.05 Acres
Price / SF$83.13
Days on Market862

Property Features for 196 Us-1

General Information

Standard status Active
Size 18,044 SF
Lot size 9.05 Acres
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $11,832

Building Details

Building Size 18,044 SF
Year Built 1960
Stories 2
Listing Agency: Two Rivers Realty, LLC
Listed By: Douglas Burpee
Source: Amerorealty
Added: Jul 1, 2024 Changed: Nov 6 Last Checked: Nov 9 at 2:58PM

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 Two Rivers Realty, LLC

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Investment Insights

Based on property information with market context.

This vacant motel property contains 18,044 square feet across 50 rooms, with layouts ranging from single-bed to double-bed accommodations. Apartments are located above the main lobby. Built in 1960, the property is offered in its current condition and requires renovation.

The site encompasses 9.05 acres along Route 1 in Bucksport, on the coastal route between Belfast and Bar Harbor. The town's downtown includes galleries, shops, dining, and a waterfront walkway. The property is zoned Commercial.

Key Highlights

  • 18,044 square feet across 50 rooms
  • 9.05‑acre site along Route 1 in Bucksport
  • Apartments situated above the main lobby

Property Analytics

Current Use

Motels

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04416, ME

5,451
Population
2,773
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
94%
High-School Grad
57.8 sq mi
ZIP Area
94
Density / Sq Mi
$62,913
Median Household Income
$38,397
Median Earnings
$833
Median Rent
$237,700
Median Home Value

Frequently Asked Questions

What type of property is this?
Motel - Commercial zoning and apartments above the lobby add flexibility to the property's existing lodging layout.
Where is this motel located?
The property is located at 196 Us-1 Bucksport, ME.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 18,044 square feet across 50 rooms; 9.05‑acre site along Route 1 in Bucksport; Apartments situated above the main lobby
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