Motel

Bar Harbor, ME Motels for Sale

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Winter Harbor, ME Lamoine, ME Mount Desert, ME Sullivan, ME Gouldsboro, ME Sorrento, ME Hancock, ME Southwest Harbor, ME
Motel with Private Cottages
Updated: Apr 12, 2024
Motel with Private Cottages

986 State Highway 3, Bar Harbor, ME 04609

$3,750,000
8,782 sqft 22.00 AC lot
21 guest units: 11 private cottages and a 10‑room motel
22+ acres, with lodging buildings on the front 4 acres
Guest capacity of up to 89 across 47 beds
Manager’s house with 3 bedrooms and 1.5 bathrooms
Eight motel rooms and six cottages have undergone renovations
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Bar Harbor, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Motor Lodge with Tavern
Motor Lodge with Tavern

973 Central Street, Millinocket, ME 04462

$770,000
14,660 sqft 4.60 AC lot

The property combines lodging with leased tavern and restaurant space.

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Pamola Motor Lodge Motel
Pamola Motor Lodge Motel

973 Central St, Millinocket, ME 04462

$770,000
14,660 sqft

A 24-room property with restaurant and tavern space occupies a 4.6-acre site in Millinocket.

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Nine-Cottage Coastal Motel
Nine-Cottage Coastal Motel

2076 Atlantic Highway, Lincolnville, ME 04849

$1,675,000
4,502 sqft 3.00 AC lot

Established lodging property with an owner’s residence, guest laundry, and front office.

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Motel with Year-Round Residence
Motel with Year-Round Residence

2158 Atlantic Highway, Lincolnville, ME 04849

$1,299,000
1,800 sqft 4.00 AC lot

The lodging property includes guest accommodations and a separate year-round home on a four-acre parcel.

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Off-Market Properties in Bar Harbor, ME

Consider similar Off-Market properties in Bar Harbor, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

452 State Hwy 3rd 3
MOTEL

452 State Hwy 3rd 3, Bar Harbor, ME 04609-7213

Estimated value:
$345,000
9,072 sqft 3.20 AC lot
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51 Holland Ave
MOTEL

51 Holland Ave, Bar Harbor, ME 04609-1433

Estimated value:
$250,000
3,184 sqft 0.41 AC lot
View details

Bar Harbor, ME Motels Market Trends and Statistics

Explore 3 motels for sale in Bar Harbor, ME on our real estate platform. These investment opportunities span a total of 8,782 square feet of properties for sale, with an estimated market value of $3,750,000.

Sale prices for motels in Bar Harbor, ME average $3,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 2
Hotels 1

Demographics Overview

Population 5,198
Population Growth (5Y) -4.2%
Median Household Income $74,408
College Educated 80.5%

High-Yield Neighborhoods for Investment

Identify Bar Harbor submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04609 $3.8M

Taxes & Financing

Tax Rate (average for all types) 0.87%
Property Tax per SF $8.69 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hancock County

New Delisted

Total CRE Inventory on Market (SF)

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