4 S Main Street, Solon, ME 04979

Building Details

Year Built

1895

Listing agent Corey Lee Show Phone

Listing office Real Broker Show Phone

Listing date Feb 28, 2025

Source Exitrealty

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Overview

This fully functional business, known as the iconic Solon Hotel, is available for purchase. Renovated in 2022, this property has a history dating back to the late 1800s. The renovations include a new metal roof on the main building, new windows throughout, fresh paint, and updated electrical systems on the first floor, basement, and exterior. The first floor features a new interior with insulation, sheetrock, doors, flooring, lighting, a bar with 24 stools, dual bartender workstations, a tap beer system, and custom tables and chairs. The event hall offers space for live music, dancing, parties, gatherings, and receptions. The second, third, and fourth stories offer potential for hotel rooms, apartments, or Airbnb units. Located in the heart of Solon, the property benefits from year-round traffic from locals, travelers, and outdoor enthusiasts using the nearby ITS trail system. The location is under 3.5 hours to Boston, less than 2 hours to Portland, and 45 minutes to Waterville.

Suggested Use

Restaurant Building Supply Hotel & Motel Department Store Food Market Grocery & Convenience Store Garden Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Solon

County

Somerset

State

Maine

Longitude

-69.8595

Latitude

44.9496

FAQs

What type of property is this?

Hotel - Fully renovated Solon Hotel with multiple income opportunities.

Where is this hotel located?

The property is located at 4 S Main Street Solon, ME.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Multiple six‑figure yearly net income as a fully functional business.; Renovated in 2022 with **new metal roof, windows, electrical, and fully updated first floor including a new bar and event hall.**; **Prime location in the heart of Solon** with year‑round traffic.