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Property profile & analytics
OFF-MARKET
Commercial real estate

441 Newburgh Rd Hermon, ME 04401

7,700 SF 69.62 ac lot Built 2005
Property ID
Property summary
AI-generated overview

This exceptional turnkey business opportunity presents the chance to own and operate a well-established ski area nestled on 69.62 acres in Hermon, Maine. The resort features 2 lifts servicing 20 marked trails, catering to skiers of all skill levels. 100% snowmaking capability is ensured by a dedicated pump house drawing from Hermon Pond. Amenities include night skiing, a half-pipe, a 600-foot tubing park, and a top-notch National Ski Patrol program. The main lodge, constructed in 2005, boasts 7,700 square feet and houses a rental shop, snack bar, kitchen, open seating area, and ski school space. A partially finished second floor offers expansion potential, currently featuring a bedroom and bathroom. The lodge includes an alarm system and radiant heat. The property also includes a side access road leading to the summit, opening possibilities for future development, such as residential lots, condos, or an events venue, all taking advantage of stunning Mt. Katahdin views. Additional revenue streams are available through leasing space on an existing communications tower

Property profile
Verified
Property type Commercial real estate
Year built 2005
Total area 7,700 SF
Lot 69.62 ac (3,032,647 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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