MLS® ID: 1436184

1044 Commercial Street

Rockport, Maine, 04856

$1,150,000 Active
  • 8036 SQFT
The lovely, turn-key, 19-unit motel has been well-maintained by the same owners for over 20 years and is ideally located along highly traveled Route 1 between the tourist destinations of Rockland and Camden. Amenities include a heated outdoor pool, breakfast room, and several outdoor sitting areas. A three-bedroom owner's residence allows a new owner the unique opportunity to operate the property themselves, or hire an on-site manager. As evidenced by earning TripAdvisor's Travelers' Choice 2017 Best Bargain Hotels recognition, the property enjoys a strong financial performance on a yearly basis providing an excellent opportunity for a first time hospitality operator or an investor looking to increase their portfolio.Potential further development as owners previously had plans to build an additional 3,000 sq. ft. building with retail space and another unit.
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Listing courtesy of Keller Williams Realty

Amenities

  • Zip
    04856
  • Office name
    Keller Williams Realty
  • SQFT
    8036
  • Property type
    General Commercial
  • Zoning type
    907M
  • Year built
    1960
  • Lot size
    3.44
  • Sewer
    Public Sewer
  • Heating
    Electric,Oil
  • Tax year
    2018
  • Tax amount
    $ 13231.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    1898

Location

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