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876 Post RoadWells, ME 04090Price: $2,200,000

  • Price: $2,200,000
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Federal 30-year interest rate: 2.71% last updated on Dec 3, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,200,000List Price
  • 3.4Acreage

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Listed by Fontaine Family-The Real Estate Leader
Location location! The best Maine has to offer! Ideal for owner operated business. Excellent opportunity to acquire an operating motel with 17 rooms, 10 cottages and three suites in the inn. Each unit contains microwave, refrigerator, Wi-Fi, and satellite TV. Three suites in the inn are suitable for year-round rental, plus owner's quarters and worker's quarters.Single home with the option to rent 3 units year round with 5 bedrooms, 5 baths. Situated on prime 3.4 acre lot with a lot of privacy from the woods surrounding the property and a built in pool. Minutes from beaches located in Maine's friendliest tourist destination. Located on RT.1 in York County between Ogunquit (3 miles away) and Kennebunkport (5 miles away) with more than 150 ft. of road frontage. Best backyard on Rt.1. Total of 30 rental units. Property has been meticulously maintained and has nice furnishings and updated finishes. Five cottages come with complete kitchens and cooking utensils. Commercial laundry facilities on premises with two commercial washing machines and two commercial dryers. The property is being sold as a turnkey operation with all furniture staying except furniture and paintings in the Main House. Property is a perfect place to add a diner or breakfast cafe or coffee shop. Plenty of land to expand parking. All renters in place for the 2020 season. Access to a trolley route for transportation. There is room for development of campground in back or another 30 unit motel unit. This property has had many renovations and updates. Owner will train new owner. Mature landscaping and gardens. Future bookings follow property. If owner occupied, it is a joy to wake up during both high and low seasons and look out at the beautiful backyard, live in the heart of Maine's most lucrative tourist district near some of the world's best beaches. Restaurants and amenities within walking distance. Perfect setting for weddings and family gatherings.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2020 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Maine Real Estate Experts participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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