393 Bath Rd, Brunswick, ME 04011-2633
This exceptional 14-acre mixed-use property in Brunswick, ME, presents a lucrative investment opportunity. Located on Bath Road, between Cooks Corner and Bath, this high-traffic location boasts 22 units currently operating as a licensed motel. The property includes a two-unit main house, a three-unit building, a single-family home, and a storage/workshop building, in addition to eight motel-style units. A significant portion of the property features expansive lawns and a small pond, offering a tranquil country setting despite its convenient location. Extensive renovations have been completed on the exteriors of all buildings, with the majority of interiors also updated, including furnishings, plumbing, and electrical systems. The property currently generates positive cash flow from a mix of weekly and monthly tenants. A wooded area on the property offers the potential to construct an additional single-family home, while the ample land provides significant opportunity for expansion of the motel units. This property is ideal for both seasoned commercial investors seeking a strong return and entrepreneurs looking to establish or expand their business. The existing infrastructure and recent renovations minimize immediate capital expenditures, allowing for a quick return on investment. Serious inquiries only
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
Property description
Physical attributes from public recordsZoning & alternative use
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.