196 Us Route 1, Bucksport, ME 04416

50 Room Hotel | Bucksport, ME 04416 | $1,500,000 ($30,000/Room)

Asking Price $1,500,000

Property Type: Hospitality
Square Feet: 18,044 SF

Listing Contacts

Property Info

Property Overview

Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use. Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns. Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular. Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!

Property Details

Class: C
Year Built/Renovated: 1960/2016
Stories: 2
Property Subtype: Hotel
Lot Size (sq. ft): 394,218 SF
Units: 50

Highlights

Former motel and rental property located in the lively Down east & Acadia Region.
The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms.

Nearby Properties

$1,500,000

Fountain Hut Motel

50 Room Hotel | Bucksport, ME 04416 | $1,500,000 ($30,000/Room)

196 Us Route 1
Bucksport, ME 04416

View Details
$779,900

Sandy's Saloon

3,026 SF | Retail Building | Orland, ME 04472 | $779,900 ($258/SF)

47 Wardwell Rd
Orland, ME 04472

View Details
$749,900

3,168 SF | 100% Leased | Retail Building | Bucksport, ME 04416 | $749,900 ($237/SF)

96 Main St
Bucksport, ME 04416

View Details
$314,900

2,948 SF | Office Building | Bucksport, ME 04416 | $314,900 ($107/SF)

151 Main St
Bucksport, ME 04416

View Details
$500,000

13.47 Acres of Commercial Land Offered at $500,000 USD in Bucksport, ME 04416

River Rd
Bucksport, ME 04416

View Details
$1,375,000

THE HICHBORN RESTAURANT & ADJACENT RENTAL

5,982 SF | Retail Building | Stockton Springs, ME 04981 | $1,375,000 ($230/SF)

10 Church St
Stockton Springs, ME 04981

View Details
$3,295,000

Captain Nickels Inn

10 Room Hotel | Searsport, ME 04974 | $3,295,000 ($329,500/Room)

127 Main St
Searsport, ME 04974

View Details

Similar Properties

$1,500,000

Greenacres MHP & Cottages

32 Unit Apartment Building | $1,500,000 ($46,875/Unit) | Spokane Valley, WA 99016

17500 Sprague Ave
Spokane Valley, WA 99016

View Details
$1,500,000

Gold Exchange and Pawn

4,680 SF | 100% Leased | Retail Building | Greensboro, NC 27406 | $1,500,000 ($321/SF) | 4% Cap Rate

3258 Randleman Rd
Greensboro, NC 27406

View Details
$1,400,000

23192 Murrell Rd | Bumblebee Ranch | Hockley

8,900 SF Specialty Building Offered at $1,400,000 in Hockley, TX 77447

23192 Murrell Rd
Hockley, TX 77447

View Details
$1,500,000

720 Wade Hampton Blvd

2,351 SF | Retail Building | Greenville, SC 29609 | $1,500,000 ($638/SF)

720 Wade Hampton Blvd
Greenville, SC 29609

View Details
$1,500,000

5,998 SF | Retail Building | Kinderhook, NY 12106 | $1,500,000 ($250/SF)

1 Hudson St
Kinderhook, NY 12106

View Details
$1,500,000

Vacant Land West 46-Sanford FL

10.1 Acres of Residential Land Offered at $1,500,000 USD in Sanford, FL 32771

6770 State Road 46
Sanford, FL 32771

View Details
$1,500,000

OAKPOINT 10 Acres

10 Acres of Residential Land Offered at $1,500,000 USD in Oak Point, TX 75068

201 Mccormick Rd
Oak Point, TX 75068

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].