Property summary
The Towne Motel is a hospitality property in Camden, Maine, consisting of a mid-1950s motel structure with an attached two-story 1850-built home, together totaling 7,081 square feet (approximately 4,000 square feet for the motel and 3,081 square feet for the house). The property contains 17 lodging rooms and includes the attached home’s interior space with 2 full baths, a living room, a dining room, and an expanded kitchen added in 2001; a private deck was added in 2013 and fencing was installed in 2023. The kitchen addition features ceramic tile flooring, granite countertops, and a propane cooktop, with a large double sliding glass door to the fenced deck; the dining room and one owner bedroom retain original pumpkin pine floors. The home’s heating includes oil-fueled hot water baseboard and heat pumps, with mini-split/heat-pump systems added to the kitchen and both bedrooms. Flooring throughout includes hardwood, carpet, and laminate. The exterior is wood frame construction with vinyl siding, and there is a full unfinished basement with a moisture vapor barrier plus additional insulation installed in 2012, along with full attic insulation added in 2012 for the motel. The motel has a metal roof installed in 2012, while the house has asphalt shingle roofing dating to 2001, 2012, and 2013. Site improvements include a paved parking lot with capacity for 22 cars and a wet sprinkler system serving the motel only. The property is zoned B-3 and is situated on a 0.44-acre lot, and it is located within walking distance of the village and harbor.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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