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Property profile

380 Us-1 Kittery, ME 03904

OFF-MARKET
Hospitality properties
22,856 SF 2.5 ac lot
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Property summary

AI-generated overview

This exceptional 43-key hotel in Kittery, Maine, presents a lucrative investment opportunity. Boasting 22,856 square feet on a 2.5-acre lot, the property features well-appointed guest rooms and suites, ranging from singles to doubles. All rooms access an interior corridor and lobby, with first-floor rooms offering dual interior and exterior entries. A spacious multi-function room, currently used for storage, offers potential conversion to a game room or business center. The property also includes a heated outdoor Gunite swimming pool. Its prime location, steps from the Kittery Outlets (120 retailers) and a short drive (20 minutes) from Ogunquit beaches, Nubble Lighthouse, and Fort Foster, ensures high occupancy rates. The hotel benefits from Rural R-RL zoning and strong curb appeal, making it a highly desirable destination. The asking price is $5,490,000. This well-established inn combines classic New England charm with comfortable accommodations, presenting significant potential for growth and return on investment. The property's central location within Kittery makes it a convenient base for exploring the region's many attractions.

Property profile

Verified
Property type Hospitality properties
Total area 22,856 SF
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

380 Us-1 Kittery, ME 03904
Kittery metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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