277 Long Bch Ave York, ME 03909-6381
This exceptional investment opportunity presents the Sea Latch Inn, an 82-key hotel complex situated on a 2+ acre lot in York Beach, Maine. The property boasts 160+ feet of frontage on both Long Beach Avenue and Eastern Avenue, offering excellent visibility and accessibility. Just 3.5 miles from the Maine Turnpike and 1.4 miles from York Village and York Harbor, this location provides convenient access to major transportation routes and local amenities. The complex comprises thirteen buildings, including a three-story, 36-room interior corridor building with an elevator, a two-story, 26-room exterior corridor building, and several smaller buildings and six detached cottages, totaling 90 rooms. The 34,654+/- square foot complex features a variety of room sizes, ranging from 338+/- square feet to 754+/- square feet. Built in 1960 with significant renovations in 2014 (Building A), the property includes ample parking, a swimming pool, and landscaping. The buildings are constructed with wood frames, poured concrete slabs, and vinyl siding. Interior features include a mix of flooring (carpet, tile, and wood), drywall and acoustical tile ceilings, and electric heat/AC splits. The property is zoned Residential-7, allowing for a variety of uses including hotels, motels, and restaurants. It's located in Flood Zone AE (EL-13), per FEMA Map 23031C0686G, effective July 17, 2024. Public water and sewer are available, along with electric, cable, and telephone utilities. The property includes security features, both interior and exterior. This property offers significant potential for a savvy investor seeking a well-established hospitality business in a highly desirable coastal location. The property is being sold as-is, including all personal property, food service equipment, furnishings, and electronics.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R7 · York, MEYork. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.