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Hostel with Commercial Kitchen
New
For Sale
$330,000

20 Pleasant Street, Monson, ME 04464

Monson, ME

Property SizeContact for details
Lot Size1.01 Acres
Days on Market1

Property Features for 20 Pleasant Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 1.01 Acres

Additional Details

Currently Operating Yes

Amenities

common room
laundry room
large backyard
RV hookups
camping sites
ATV access
fire pit

Building Details

Year built 1900
Listing Agency: NextHome Experience
Listed By: Jaime Gilbert · License #BA927560,PersonLicenseNumber
Added: Nov 3 Last Checked: Nov 3 at 6:06PM
MLS# 1665126

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Operating as a hostel, this two-story property combines guest rooms and shared amenities with a registered commercial kitchen. The first floor has a common dining and gathering room, two shower rooms, two toilet rooms, a laundry room, storage space, and a rear bedroom. Upstairs are four bedrooms, a full bathroom, and a bunk room currently set up with 10 beds. Eight Rinnai propane monitors provide heat, and an 80-gallon hot water tank serves the building.

The 1.01-acre property is connected to town water and has a 14-bedroom septic system. A leveled area behind the building has water and electrical hookups and was prepared for a 40-by-40-foot structure; the site also accommodates RV hookups and camping. ATV access, parking, and a fire pit are additional site features. The property is in Monson, identified as a hostel stop for hikers heading toward the final 100 miles of the Appalachian Trail before Katahdin.

Key Highlights

  • Operating hostel with a registered commercial kitchen
  • 1.01‑acre property with town water and a 14‑bedroom septic system
  • Four upstairs bedrooms and a bunk room currently housing 10 beds

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Hostels

Suggested Use

Top Pick Bakery Furniture & Home Goods Grocery & Convenience Store Cafe & Coffee Shop Food Market Travel Agency

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 04464, ME

603
Population
557
Households
1.1
Avg Household Size
55
Median Age
24%
College-Educated
89%
High-School Grad
45.5 sq mi
ZIP Area
13
Density / Sq Mi
$52,019
Median Household Income
$37,159
Median Earnings
$591
Median Rent
$182,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Hostel - Guest accommodations include bedrooms, bunk space, a shared dining room, and multiple shower facilities.
Where is this hostel located?
The property is located at 20 Pleasant Street Monson, ME.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Operating hostel with a registered commercial kitchen; 1.01‑acre property with town water and a 14‑bedroom septic system; Four upstairs bedrooms and a bunk room currently housing 10 beds
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