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    21-Unit Extended-Stay Motel
    Updated: Apr 11
    21-Unit Extended-Stay Motel

    429 Somerset Ave, Pittsfield, ME 04967

    Contact for pricing
    21‑unit motel
    Repurposed for extended‑stay and workforce housing use
    Located off I‑95 in central Maine
    Positioned between Waterville and Bangor
    429 Somerset Ave, Pittsfield, ME 04967
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pittsfield, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Motel with Kitchenette Upgrades
    Motel with Kitchenette Upgrades

    Dover Foxcroft, ME 04426

    $425,000
    1,680 sqft 2.10 AC lot

    The property includes five rentable units and a separate sixth space for laundry, supplies, and office functions.

    View details
    Motel with Kitchenette Units
    Motel with Kitchenette Units

    Dover Foxcroft, ME 04426

    $425,000
    1,680 sqft 2.10 AC lot

    Five rentable units and an additional service unit support flexible lodging operations.

    View details
    Beach Area Motel with Pier Access
    Beach Area Motel with Pier Access

    5 Summit St, Old Orchard Beach, ME 04064

    Contact for pricing

    Family-oriented motel offering varied accommodations, with the pier, amusement park, and shops within a short walk.

    View details
    18-Unit Motel Across From Beach
    18-Unit Motel Across From Beach

    98-102 E East Grand Avenue, Old Orchard Beach, ME 04064

    $1,950,000

    Year-round lodging property with an owner’s residence, cottage, pool, and proximity to Old Orchard Beach attractions.

    View details

    Pittsfield, ME Motels Market Trends and Statistics

    Explore 1 motels for sale in Pittsfield, ME on our real estate platform.

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    Demographics Overview

    Population 3,918
    Population Growth (5Y) -3.6%
    Median Household Income $55,822
    College Educated 28.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $58.28 per SF
    Tax Rate vs County Average 0.71 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

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