Property summary
This exceptional mixed-use property at 185 Main Street, Cornish, Maine, presents a lucrative investment opportunity. The 20,032 square foot building, constructed in 2006 and renovated in 2010, sits on a 6.13-acre lot and is zoned CB - Commercial District. The first floor boasts fully leased retail space, encompassing a full-service restaurant, barber shop, hair salon, and a cannabis store. Additionally, a four-bay garage space is available for lease, offering further income potential. The second floor comprises ten lodging rooms, each with a private bathroom and amenities, providing a steady stream of revenue from the hospitality sector. The property includes a 1.38-acre developable lot, capable of supporting a building up to 15,000 square feet, which can be purchased separately for $235,000. This presents significant expansion possibilities for the existing business or allows for the development of additional income-generating ventures. The property's prime location in Cornish, York County, Maine (04020), offers excellent visibility and accessibility. The asking price for this turnkey operation is $3,600,000. This is a rare chance to acquire a well-established, multi-faceted business with substantial growth potential. The property features one two-story building with ten keys. The APN is Map U06, Lot 009, and ownership is held by Country Home, LLC.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Hotel & Motel Bed & Breakfast
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Department Store
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Cafe & Coffee Shop
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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