441 Newburgh Rd Hermon, ME 04401

Property Details for 441 Newburgh Rd

Year built

2005

Lot size

69.62 lot acres

Property size

8,500 SF

Property type

Specialty properties

Description

This exceptional turnkey ski resort, Hermon Mountain Ski Area, presents a unique investment opportunity. Located on 69.62 acres in Hermon, Maine (Penobscot County, zip code 04401), this established business boasts 8,500 square feet of main lodge space built in 2005, featuring a rental shop, snack bar and kitchen, open seating area, and ski school space. A partially finished second floor offers expansion potential, currently including a bedroom and bathroom. The lodge includes radiant heat, an alarm system, and ample office/crew lounge space. The property includes two lifts servicing 20 marked trails, a half-pipe, a 600-foot tubing park, and 100% snowmaking coverage thanks to a dedicated pump house on Hermon Pond. The resort benefits from a strong National Ski Patrol program and caters to both novice and expert skiers. The property also features a communications tower with potential for additional lease income, and a side access road leading to the summit, opening possibilities for future development, such as residential lots, condos, or an events venue. The existing infrastructure includes a large generator for snowmaking, and recent upgrades such as a new chairlift and pump house equipment. The asking price is $3,500,000, with a price per square foot of $411.76. The property is zoned Agr/Forest and has a 24-foot ceiling height in the main lodge. The current owners are retiring after 30 years of operation, presenting a rare chance to acquire a well-established and profitable ski resort with significant expansion potential. Extensive equipment and inventory are included in the sale. Enjoy breathtaking views of Mt. Katahdin from the summit.

Location Insight

City

Hermon

County

Penobscot

State

Maine

Longitude

-68.9573

Latitude

44.7808