Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 1041 Us-201
- Year built
- 1816
- Lot size
- 7.00 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This meticulously maintained, profitable bed and breakfast inn, built in 1816 and extensively renovated, presents a rare investment opportunity. Located in Caratunk, Maine, on 7 acres, this three-story, three-building property boasts 7,000 square feet and offers 14 guest rooms with 6 guest bathrooms. Owner's quarters with a private bath and a third-floor staff room are included. The inn is ideally situated approximately one mile from the Appalachian Trail, providing a convenient stop for hikers. Its proximity to the Kennebec and Dead Rivers, popular for whitewater rafting, and various outdoor recreational opportunities, including ATV and snowmobile trails, ensures a consistent stream of guests. A public boat launch on Wyman Lake is just half a mile away. The sale includes extensive personal property and equipment, allowing for seamless business continuation after purchase. The inn has been a vibrant and profitable business, offering a unique blend of history, comfort, and outdoor adventure. This is a turnkey operation with significant potential for continued growth and success. The asking price is $695,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caratunk
- County
- Somerset
- State
- Maine
- Longitude
- -69.9879
- Latitude
- 45.2192
