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    Norway, ME
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    Norway, ME Motels for Sale

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    Paris, ME South Paris, ME Oxford, ME Otisfield, ME West Paris, ME Harrison, ME Waterford, ME Hebron, ME
    Renovated 32-Room Motel
    Updated: Nov 8, 2023
    Renovated 32-Room Motel

    58 Paris Street, Norway, ME 04268

    $1,695,000
    8,288 sqft
    32 guest rooms in an 8,288‑square‑foot motel
    Renovations completed in fall 2023; built in 1989
    Manager’s or owner’s suite created from two motel rooms, with two bathrooms and separate office and exterior access
    On‑site full laundry facility, guest coffee room, and Wi‑Fi throughout
    Outdoor fire pit and picnic area, plus an enclosed dog area
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Norway, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Motel with Cottages
    Motel with Cottages

    29 Saco Avenue, Old Orchard Beach, ME 04064

    $3,400,000
    7,100 sqft 1.30 AC lot

    Nine cottages with mini-kitchens sit alongside nine motel rooms and a three-bedroom owner’s residence.

    View details
    Resort with Heated Saltwater Pool
    Resort with Heated Saltwater Pool

    291 N Endicott Street, Laconia, NH 03246

    $3,650,000
    9,246 sqft 3.00 AC lot

    The lodging complex includes a 12-unit hotel, a 10-bedroom house, eight cottages, and two cabins.

    View details
    Motel with Cottages
    Motel with Cottages

    29 Saco Ave, Old Orchard Beach, ME 04064

    $3,400,000
    7,100 sqft

    Nine cottages and nine motel rooms each include a mini-kitchen, alongside an on-site three-bedroom owner’s house.

    View details
    Resort with Heated Saltwater Pool
    Resort with Heated Saltwater Pool

    291 N Endicott Street, Laconia, NH 03246

    $3,650,000
    3.00 AC lot

    A varied lodging campus combines guest accommodations, an on-site pool, and views of Lake Winnipesaukee and surrounding mountains.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mixed-Use Corridor Development Land
    Mixed-Use Corridor Development Land

    49-2 Harrison Road, Bridgton, ME 04009

    $159,000
    1.21 AC lot

    Flat, open commercial land zoned MUC with a range of mixed-use development possibilities.

    View details

    Norway, ME Motels Market Trends and Statistics

    Explore 1 motels for sale in Norway, ME on our real estate platform. These investment opportunities span a total of 8,288 square feet of properties for sale, with an estimated market value of $1,695,000.

    Sale prices for motels in Norway, ME average $1,695,000 — 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

    Motels 1

    Demographics Overview

    Population 5,168
    Population Growth (5Y) +4.0%
    Median Household Income $53,162
    College Educated 32.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04268 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.38%
    Property Tax per SF $6.19 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oxford County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Norway, ME

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