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Key Details
Sold Price $640,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 6,416 sqft
MLS Listing ID 1491407
Sold Date 01/31/22
HOA Y/N No
Originating Board Maine Listings
Year Built 1870
Annual Tax Amount $5,697
Tax Year 2020
Lot Size 13.000 Acres
Acres 13.0
Property Description
The Maplewood Inn & Motel is a charming New England country inn with a modern
motel located on 13 +/- acres in the heart of the Sebago Lake Region just 40 minutes from Portland, Maine. Comprised of 11 units (6 in the motel and 5 in the main building), the inn offers guests clean and spacious rooms of various sizes and configurations. Amenities include two breakfast rooms, a common living room, outdoor pool, guest laundry facility, owner's quarters, two offices with separate entrances that could easily be converted to a suite, and ample acreage for potential further development. There is also a 3-story barn used for storage, and a 40' x 40' building previously home to an arcade. Well-maintained, the property provides a new owner/operator the opportunity to focus on marketing and yield management to increase rates and revenue. In addition to traditional marketing efforts (Tripadvisor, etc.), the inn
building lends itself nicely to group rentals through alternative listing sites, such as
Airbnb and VRBO for weekly stays.
Location
State ME
County Cumberland
Zoning Commercial
Interior
Heating Baseboard
Exterior
Garage 11 - 20 Spaces
View Y/N No
Parking Type 11 - 20 Spaces
Building
Lot Description Other
Story 2
Sewer Septic Existing on Site
Water Private
Others
Restrictions Unknown
Energy Description Propane, Oil, Electric
Financing Private
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327