39-Unit Motel
For Sale
Contact for pricing
489 Farmington Falls Rd, Farmington, ME 04938
Lodging property with kitchenette-equipped units and a mix of seasonal and year-round demand.
Property Size10,038 SF
Price / SF$194.26
Days on Market138
Property Features for 489 Farmington Falls Rd
General Information
Standard status
Active
Size
10,038 SF
Property subtype
Hospitality
Zoning
Commercial
Investment Type
Stabilized
Building Details
Year Built
1977
Buildings
2
Stories
1
Listing Agency:
KW Commercial Greater Portland
Listed By:
Nicholas Farrell · License #ME BR922159
Source:
Crexi
Added: Apr 16
Changed: Aug 30
Last Checked: Aug 30 at 10:14PM
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 KW Commercial Greater Portland
Investment Insights
Based on property information with market context.
This 39-unit motel property includes 10,038 square feet of improvements on 6.25 acres and was built in 1977. Several guest units contain kitchenettes, providing varied lodging configurations for stays of different lengths. Current operations are handled on an absentee basis.
The property is positioned along Route 2 in Farmington, Maine, near the University of Maine at Farmington, regional lakes, and outdoor recreation. The surrounding demand profile includes seasonal and year-round lodging activity, with the property serving leisure, contractor, and extended-stay guests.
The property is positioned along Route 2 in Farmington, Maine, near the University of Maine at Farmington, regional lakes, and outdoor recreation. The surrounding demand profile includes seasonal and year-round lodging activity, with the property serving leisure, contractor, and extended-stay guests.
Key Highlights
- 39‑unit motel on 6.25 acres
- 10,038 square feet of improvements
- Several units include kitchenettes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04938, ME
9,592
Population
4,936
Households
1.9
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
122.5 sq mi
ZIP Area
78
Density / Sq Mi
$54,281
Median Household Income
$27,500
Median Earnings
$910
Median Rent
$169,300
Median Home Value
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Similar Off Market Nearby
- Farmington Motel — 489 Farmington Falls Rd, Farmington, ME 04938
Frequently Asked Questions
What type of property is this?
Motel - Lodging property with kitchenette-equipped units and a mix of seasonal and year-round demand.
Where is this motel located?
The property is located at 489 Farmington Falls Rd Farmington, ME.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 39‑unit motel on 6.25 acres; 10,038 square feet of improvements; Several units include kitchenettes
