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Motel with Attached Residence

68 Elm Street, Camden, ME 04843

For Sale
$1,995,000

Renovated guest rooms and an attached two-story home provide separate lodging and residential spaces.

Property Size7,081 SF
Price / SF$281.74
Days on Market497

Property Features for 68 Elm Street

General Information

Standard status Active
Size 7,081 SF
Total Parking Spaces 22
Property subtype Commercial
Zoning B-3

Additional Details

Sprinkler System Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $12,233

Amenities

private deck
fenced-in deck
heat pumps

Building Details

Building Size 7,081 SF
Year Built 1850
Stories 2
Construction wood frame
Listing Agency: Portside Real Estate Group
Listed By: Dana Moos · License ME BR916154
Source: Integrityhomesrealestategroup
Added: Jul 3, 2025 Changed: Nov 11 Last Checked: Nov 11 at 2:17AM

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 Portside Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This Camden property combines a 17-room motel with an attached two-story residence, for 7,081 square feet of finished space. The motel’s first floor dates to 1955, with a second floor added in 1988. The residence includes two full bathrooms, a living room, dining room and expanded kitchen. Heat pumps serve the kitchen and both bedrooms; the motel also has a wet sprinkler system. A full unfinished basement has a moisture vapor barrier and additional insulation installed in 2012, and the motel’s attic was insulated that year. The motel roof is metal, installed in 2012.

At 68 Elm Street, the property is about a five-minute walk from Camden’s village center and harbor. A paved parking lot accommodates 22 cars, and the property is zoned B-3.

The residence’s kitchen addition was completed in 2001, and a private deck was added in 2013. The motel’s 17 rooms have been renovated.

Key Highlights

  • 17 renovated motel rooms
  • 7,081 square feet of finished space
  • Paved parking for 22 cars

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Towne Motel Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store Electrical Service

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
Sprinkler system

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04843, ME

5,241
Population
3,276
Households
1.6
Avg Household Size
56
Median Age
65%
College-Educated
97%
High-School Grad
18.5 sq mi
ZIP Area
283
Density / Sq Mi
$82,841
Median Household Income
$45,014
Median Earnings
$1,125
Median Rent
$486,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • The Country Inn at Camden Rockport — 8 Country Inn Way, Rockport, ME 04856
  • Cedar Crest Inn — 115 Elm St, Camden, ME 04843
  • Camden, Maine Cottage Rental — 93 Pearl St, Camden, ME 04736
  • Elms of Camden — 84 Elm St, Camden, ME 04843
  • Laite Memorial Beach — Camden, ME 04843

Frequently Asked Questions

What type of property is this?
Motel - Renovated guest rooms and an attached two-story home provide separate lodging and residential spaces.
Where is this motel located?
The property is located at 68 Elm Street Camden, ME.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 17 renovated motel rooms; 7,081 square feet of finished space; Paved parking for 22 cars
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