Bought with Keller Williams Realty
$995,000
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1147 Bar Harbor RD Trenton, ME 04605
10,000 SqFt
Key Details
Sold Price $995,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 10,000 sqft
MLS Listing ID 1423920
Sold Date 05/18/21
HOA Y/N No
Year Built 1810
Annual Tax Amount $4,897
Tax Year 2018
Lot Size 1.410 Acres
Acres 1.41
Property Sub-Type General Commercial
Source Maine Listings
Land Area 10000
Property Description
This busy lodging property offers something for everyone. There are 8 individual cottages, 3 'inn style' rooms in the main 1810 house, 4 motel 'lodge' rooms and 2 fully furnished apartments. The Open Hearth Inn is open mid-May to mid-October. The cottages are seasonal and are shut down for the winter, but the other buildings can remain open for business. A very large list of improvements is available to show the effort put into turning this property around and it shows. All new septic system went in 2015. This offers one of the best occupancy rates around, with room to grow with increased rates and continuing with cosmetic updates. All big ticket $ items are done! And the owner's quarters is a very nice space with the majority of the space in the main house. This is a strong financially viable business from just 5 months.
Location
State ME
County Hancock
Zoning Commercial
Rooms
Basement Full, Unfinished
Interior
Heating Multi-Zones, Hot Water, Heat Pump, Baseboard
Cooling Heat Pump, A/C Units
Flooring Wood, Vinyl, Laminate, Carpet
Equipment Internet Access Available
Exterior
Parking Features Gravel, 11 - 20 Spaces, On Site, Paved
Utilities Available 1
View Y/N No
Roof Type Composition,Shingle
Building
Lot Description Near Airport, Business District
Foundation Stone, Pillar/Post/Pier
Sewer Private Sewer, Septic Existing on Site
Water Private, Well
Structure Type Wood Siding,Vinyl Siding,Asbestos,Wood Frame
Others
Restrictions Unknown
Energy Description Oil, Electric
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