Furnished Bed and Breakfast
For Sale
$749,000
9 Dry Point Drive, Rome, ME 04963
Ten bedrooms, nine bathrooms, and included furnishings support the inn’s established hospitality configuration.
Property Size5,200 SF
Price / SF$144.04
Days on Market13
Property Features for 9 Dry Point Drive
General Information
Standard status
Active
Size
5,200 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$5,021
Amenities
stone walls
walkways
wooden fences
lush gardens
private conservation land
fieldstone fireplace
shiplap walls
wood floors
floral walls
wrap around porch
water views
balcony
Building Details
Building Size
5,200 SF
Year Built
1790
Construction
post and beam
Listing Agency:
EXP Realty
Listed By:
Jennifer Cammack
(207) 852-4178
Source:
Hoangrealty
Added: Oct 16
Changed: Oct 27
Last Checked: Oct 26 at 3:59PM
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 EXP Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This furnished bed and breakfast inn contains 5,200 square feet, with 10 bedrooms and 9 bathrooms. Built in 1790, the property features post-and-beam construction, wood flooring, shiplap walls, a fieldstone fireplace, and a wraparound porch. Stone walls, garden areas, and water views add to the property’s physical character. It also adjoins conservation land.
The inn is a short walk from Belgrade village, where restaurants, shops, and Days General Store are located. Belgrade Lakes lies between Long Pond and Great Pond, with nearby recreation that includes a golf course, hiking trails, public water access, snowmobile trails, and ski mountains.
The inn is a short walk from Belgrade village, where restaurants, shops, and Days General Store are located. Belgrade Lakes lies between Long Pond and Great Pond, with nearby recreation that includes a golf course, hiking trails, public water access, snowmobile trails, and ski mountains.
Key Highlights
- 5,200‑square‑foot bed and breakfast with 10 bedrooms and 9 bathrooms
- Built in 1790 with post‑and‑beam construction
- Furnished property with a fieldstone fireplace and wraparound porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,493
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,860
$629.9K
Cap Rate 7%
$449,900
$449.9K
Cap Rate 9%
$349,922
$349.9K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$78.0K $15.00/SF
− Vacancy
−$11.7K −$2.25/SF
EGI
$66.3K $12.75/SF
− OpEx
−$34.8K −$6.69/SF
NOI
$31.5K $6.06/SF
Area
Kennebec County, ME
Vacancy
15.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,860
Cap Rate 7%
$449,900
Cap Rate 9%
$349,922
Alternative Uses
Best Use
Hotel Hospitality
$449.9K
$393.7K – $524.9K
NOI $31,493 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.76M
$6.79M – $9.05M
NOI $543,053 @ 7.0% cap · market cap 72.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04963, ME
7,358
Population
4,279
Households
1.7
Avg Household Size
45
Median Age
24%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
144
Density / Sq Mi
$73,611
Median Household Income
$49,913
Median Earnings
$885
Median Rent
$228,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Seven Lakes Inn — 168 Main St, Belgrade, ME 04917
- Wings Hill Inn — 9 Dry Point Dr, Rome, ME 04963
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Ten bedrooms, nine bathrooms, and included furnishings support the inn’s established hospitality configuration.
Where is this bed & breakfast located?
The property is located at 9 Dry Point Drive Rome, ME.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 5,200‑square‑foot bed and breakfast with 10 bedrooms and 9 bathrooms; Built in 1790 with post‑and‑beam construction; Furnished property with a fieldstone fireplace and wraparound porch
