Current Use by Public Records
- Commercial real estate
Property Details for 441 Newburgh Rd
- Year built
- 2005
- Lot size
- 69.62 lot acres
- Property type
- Commercial real estate
Description
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
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
- Hermon
- County
- Penobscot
- State
- Maine
- Longitude
- -68.9574
- Latitude
- 44.7808
