380 Us-1 Kittery, ME 03904
- Hospitality properties
- 22,856 SF
- 2.50 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 380 Us-1
- Lot size
- 2.50 lot acres
- Property size
- 22,856 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kittery
- County
- York
- State
- Maine
- Longitude
- -70.7257
- Latitude
- 43.1176
