Building Details

Building Size 4,155 SF

Year Built 1915

Listing Agency: RE/MAX

Listed By: James Quimby Show Phone

Source: Remaxcommercial

Added: Sep 25, 2025 Changed: Oct 7 Last Checked: Oct 14 at 7:38PM

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Investment Insights

Based on property information with market context.

The Taylor Edes Inn, constructed in 1915, is located in Dexter, Maine, offering convenient access to local attractions. The inn features decorated rooms equipped with amenities, including robes and access to a hot tub. Additional amenities include a gym, WiFi, and cable TV. The property also includes a recreation room with a flat screen TV, pool table, dart board, and poker table. Situated approximately one mile from Lake Wassookeag and less than an hour's drive from Moosehead Lake, the location is suitable for outdoor activities such as hunting, fishing, snowmobiling, and ATV riding. The property is also within driving distance of Acadia National Park, Mt Katahdin, and Peaks Kenny State Park. The 4,155 square foot inn offers the opportunity to be purchased and converted into a private residence. Most furnishings are included. Dexter provides access to outdoor recreational opportunities, including the nearby Lake Wassookeag and Dexter Municipal Golf Course. The area offers local retail and dining options.

Key Highlights

• Historic Inn built in 1915, offering the potential to convert back to a private residence.
• Central location in Dexter, Maine, providing easy access to Lake Wassookeag, Moosehead Lake, and other outdoor attractions like Acadia National Park.
• Enjoy the Man Cave, complete with flat screen TV, pool table, dart board, and poker table.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,010

Cap Rate

3.68%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$500,200 $500.2K

Cap Rate 7%

$357,286 $357.3K

Cap Rate 9%

$277,889 $277.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,155 SF

Gross rent

$59.8K $14.40/SF

− Vacancy

−$7.2K −$1.73/SF

EGI

$52.7K $12.67/SF

− OpEx

−$27.6K −$6.65/SF

NOI

$25.0K $6.02/SF

Area

Penobscot County, ME

Vacancy

12.00%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$500,200

Cap Rate 7%

$357,286

Cap Rate 9%

$277,889

Alternative Uses

Best Use

Hotel Hospitality

$357.3K

$312.6K – $416.8K (±1% cap)

NOI $25,010 @ 7.0% cap · market cap 3.68%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.34M

$1.17M – $1.57M (±1% cap)

NOI $93,936 @ 7.0% cap · market cap 13.82%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bed & breakfasts

Suggested Use

Top Pick Parking Lot & Garage Law Firm Electrical Service Hair Salon Plumbing Service Grocery & Convenience Store

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

218

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 04930, ME

4,287

Population

2,463

Households

1.7

Avg Household Size

48

Median Age

17%

College-Educated

92%

High-School Grad

60.3 sq mi

ZIP Area

71

Density / Sq Mi

$53,537

Median Household Income

$38,085

Median Earnings

$891

Median Rent

$159,200

Median Home Value

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Similar Off Market Nearby

• Taylor Edes Inn — 20 High St, Dexter, ME 04930

Frequently Asked Questions

What type of property is this?

Bed & breakfast - Charming 1915 inn in Dexter, Maine, near outdoor attractions.

Where is this bed & breakfast located?

The property is located at 20 High Street Dexter, ME.

What is the asking price?

The asking price for this property is $679,900.

What are key features of this property?

This property features: Historic Inn built in 1915, offering the potential to convert back to a private residence.; Central location in Dexter, Maine, providing easy access to Lake Wassookeag, Moosehead Lake, and other outdoor attractions like Acadia National Park.; Enjoy the Man Cave, complete with flat screen TV, pool table, dart board, and poker table.