Listing Courtesy of: Emilie Levecque - Portside Real Estate Group
207-619-7571
$2,650,000
393 Road Brunswick, ME 04011
Multi-Family
Residence
Beds
21
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Group Showings Available! Attention commercial landlords and investors! The New Meadows Motel features 21 units on the high traffic road tucked back between the vibrant Cooks Corner and the growing city of Bath. This property spans 14 acres, hinting at future development or expansion opportunities, ...all the while preserving a country setting of expansive lawns and a small pond. This property is currently licensed as a motel and features a mix of weekly and monthly tenants. The main house is a two unit, there is a 3 unit, a single family home, a storage/workshop building, and then 8 motel style units. The property has had extensive renovations done to the exteriors of all buildings, and a majority of the interiors have been redone, including furnishings, plumbing and electric. There is a wooded area that can support a new single family home, and the opportunity to add more motel units is an obvious value add. The cash flow on this property makes it the safe addition to your portfolio, or your next career as a business owner. Please no drive-bys, call for an appointment.
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MLS#
1608505
Property Type
Multi-Family
Bathrooms
20 Full/1 Half
Year Built
1900
Lot Size
14
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