441 Newburgh Rd, Hermon, ME 04401

8,500 SF Sports & Entertainment Building Offered at $3,500,000 in Hermon, ME 04401

Asking Price $3,500,000

Sale Condition: Redevelopment Project
Property Type: Sports & Entertainment
Square Feet: 8,500 SF
Price / Square Foot: $412

Listing Contacts

Renee Hudgens

Property Overview

Time for a change of lifestyle - own your own ski mountain! New Hermon Mountain Inc. is a family-owned and operated ski area for 3 decades in Hermon, Maine. With 100% snow making - there are 2 lifts and 20 marked trails, night skiing, national ski patrol, half pipe, as well as a tubing park. The slopes are just right for both novice skiers and experts or take the tubing lift up then speed down the 600-foot, slightly U-shaped slope. The current owners are as busy as they want to be but you can take It to the next level! View the start of the Appalachian Trail - Mt Katahdin from the top of the 69.62 acres. A side road leads you to the mountain top where expansion may be done such as: house lots, condos, tower rentals, or maybe an events venue to take advantage of the killer views. With the financials only for 4 months - the summer and other possible uses are a blank canvas. The main lodge was built in 2005 with 8500sq ft and houses the rental shop (Large rental shop for every age and size), snack bar and kitchen, open area seating and ski school area. A partially finished private 2nd floor with potential (bath and bedroom), alarm system, radiant heat- great office space or crew lounge. Imagine expanding the mezzanine to include a bar for cocktails. 14 schools have booked class trips for the season and there is a waiting list! The equipment list and inventory is lengthy and included. The current owners installed a new chair lift and added the tubing park during their tenure, as well as new cable, and pump house equipment (they have their own access to draw from Hermon Pond). The mountain has a large generator for use in snowmaking and a 2nd one as well.

Property Details

Class: C
Year Built: 2005
Stories: 2
Lot Size (sq. ft): 3,032,647 SF

Highlights

Successful Ski Mountain for 3 decades.
Lengthy inventory and equipment list included.
Great potential for additional house lots/condos.

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