Bought with Tindal & Callahan Real Estate
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Key Details
Sold Price $774,500
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 3,557 sqft
MLS Listing ID 1459904
Sold Date 06/30/21
HOA Y/N No
Originating Board Maine Listings
Year Built 1886
Annual Tax Amount $4,113
Tax Year 2018
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Opportunity to own a successful bed & breakfast in Maine's popular seaside town of Boothbay Harbor. Built in 1886, The historic inn has been extensively renovated to preserve the victorian era charm while providing modern amenities. The inn has four guest rooms and two spacious suites, each featuring a private en-suite, ceiling fan, individual Mitsubishi heat/AC units, mini-refrigerators, and flat screen HDTVs. Three of the rooms have a gas fireplace, and they are all uniquely decorated with a mix of antique and contemporary furnishings.
Common areas include two kitchens, breakfast area, lounge with a fireplace, 2nd floor deck, and a front porch to relax on.
The 3rd floor includes 5 additional rooms and a bathroom that could be utilized as a large owner's suite, or converted into more guest rooms. The 2nd floor suite was previously an owner's quarters, so there are options for a new owner-operator.
Ranked #1 in Boothbay Harbor by TripAdvisor, the property has a strong reputation and is in great condition allowing a new owner to focus on marketing and yield management.
Location
State ME
County Lincoln
Zoning Downtown Business C
Direction North on Townsend Avenue. Property is on left before First National Bank
Rooms
Basement Full, Sump Pump, Unfinished
Interior
Heating Radiator, Multi-Zones, Hot Water, Heat Pump
Cooling Heat Pump
Flooring Wood, Tile, Carpet
Exterior
Garage 5 - 10 Spaces, On Site, Paved
View Y/N No
Roof Type Composition
Accessibility Accessible Approach with Ramp
Parking Type 5 - 10 Spaces, On Site, Paved
Building
Lot Description Downtown, Business District, Near Shopping
Building Description Vinyl Siding,Wood Frame, Generator,Fire System,Sprinkler - Wet
Story 3
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil, Electric
Financing Cash
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327