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Lakefront Motel With Restaurant
For Sale
$698,500

2075 Portage Road, Portage Lake, ME 04768

Commercial Sale, Portage Lake, ME

Property Size8,010 SF
Lot Size1.24 Acres
Price / SF$87.20
Days on Market293

Property Features for 2075 Portage Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed Use
Rooms Basement
Interior features Storage
Basement Full
Lot features Rural
Standard status Active
Size 8,010 SF
Lot size 1.24 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7589

Utilities

Sewer type Private Sewer
Heating system Forced Air, Radiant, Natural Gas, Space Heater, Oil
Cooling system Heat Pump
Water source Private
Water front features Lake
Water front 1

Building Details

Year built 1985
Number of units 17
Flooring type Vinyl, Laminate
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: Aroostook Real Estate
Listed By: Jennifer Pitcairn
Added: Nov 4, 2025 Changed: Aug 19 Last Checked: Aug 24 at 7:06AM
MLS# 1640898

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

Investment Insights

Based on property information with market context.

This 8,010-square-foot motel and restaurant property occupies 1.24 acres in Portage Lake. The operation includes 17 lodging rooms, restaurant seating for 80, and capacity for private parties of up to 175. Restaurant equipment is included, with storage space, a basement, vinyl and laminate flooring, and a wood-frame structure with vinyl siding. Heating includes forced air, radiant, natural gas, space heater, and oil systems; cooling is provided by a heat pump.

The property is located at 2075 Portage Road along Maine's Route 11 Fish River Scenic Byway. It has lake waterfront, direct access to snowmobile trails 85 and 90, and ATV access. Portage Lake, covering 2,474 acres, is minutes away, with 3.5 million acres of shared wilderness in the surrounding recreation area. The property is served by a private water source and private sewer and is zoned Mixed Use.

Key Highlights

  • 17 lodging rooms with restaurant seating for 80
  • Private‑party capacity for up to 175; restaurant equipment included
  • 8,010 square feet on 1.24 acres

Property Analytics

Current Use

Dean's Motor Lodge Hotel & Motel

Suggested Use

Top Pick Plumbing Service Hotel & Motel

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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04768, ME

366
Population
500
Households
0.7
Avg Household Size
61
Median Age
14%
College-Educated
92%
High-School Grad
87.4 sq mi
ZIP Area
4
Density / Sq Mi
$47,250
Median Household Income
$49,375
Median Earnings
$1,045
Median Rent
$198,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Dean's Motor Lodge 2075 Portage Road, Portage, ME 04768
  • Jackson's Lakeshore Rentals 4 Almond Dr, Portage Lake, ME 04768
  • Portage Lake Public Beach W Rd, Portage Lake, ME 04768

Frequently Asked Questions

What type of property is this?
Motel - Hospitality property combining guest lodging, restaurant service, private-event capacity, and direct access to regional recreation.
Where is this motel located?
The property is located at 2075 Portage Road Portage Lake, ME.
What is the asking price?
The asking price for this property is $698,500.
What are key features of this property?
This property features: 17 lodging rooms with restaurant seating for 80; Private‑party capacity for up to 175; restaurant equipment included; 8,010 square feet on 1.24 acres
More about this property
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