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    Property profile & analytics
    OFF-MARKET Estimated value $1,205,000
    Investment properties

    393 Bath Rd, Brunswick, ME 04011-2633

    1,966 SF 14 ac lot Built 1900
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US42-0225450
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Total area 1,966 SF
    Lot 14 ac (609,840 SF)
    APN BRUN M:046 L:011
    UPID US42-0225450
    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
    AI Approach AI
    $1.26M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.21M
    Owner & transaction history
    Nikoda LLC · 3 yrs held
    Nikoda LLC
    since 2023
    Last sale
    $1.2M
    2 recorded transactions
    2023
    $1.2M
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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