11 Hasbro Rd Millinocket, ME 04462
- Mixed-use properties
- 5,000 SF
- 22.64 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 11 Hasbro Rd
- Year built
- 1998
- Lot size
- 22.64 lot acres
- Property size
- 5,000 SF
- Property type
- Mixed-use properties
Description
This exceptional 22.64-acre commercial property in Millinocket, Maine, presents a unique investment opportunity. Ideally situated near Mount Katahdin and Baxter State Park, this location is perfect for businesses catering to outdoor enthusiasts. The property includes a substantial 5,000 square foot commercial building featuring a restaurant/bar with a full kitchen and both indoor and outdoor dining areas, plus a campground check-in area complete with restrooms and showers. Existing lodging options significantly enhance the property's potential. Four large yurts, each sleeping eight with private bathrooms and electricity, are included, along with two cabins offering similar amenities. Nine bunkhouses provide additional sleeping arrangements (sleeping 4-5 people each, with cots and mattresses, but lacking electricity and running water). Furthermore, the property boasts 31 campsites, each equipped with picnic tables and fire rings, accommodating from 5 tents to large groups of up to 20 tents. Bunkhouse and campsite guests utilize shared public restrooms and showers. This turnkey operation is ready for an owner-operator or expansion by an existing outdoor outfitter or similar business. The property's size and existing infrastructure offer significant potential for growth and diversification within the thriving outdoor recreation market.
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
- Millinocket
- County
- Penobscot
- State
- Maine
- Longitude
- -68.8123
- Latitude
- 45.7908
