1044 Commercial StreetRockport, ME 04856MLS Number 1436184

  • Price: $1,150,000
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Federal 30-year interest rate: 3.75% last updated on Nov 14, 2019
* 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.
  • 3.44Acreage
  • 1960Year Built
  • 2,018Tax Year
  • ActiveListing Status

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.

Listed by Keller Williams Realty

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The Christopher Group, LLC
The Christopher Group, LLC
Office: 877.350.4409
PO Box 311
Blue Hill, ME 04614

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More Info

Location Information

  • Building Number1044
  • StreetCommercial Street

Building

  • BasementCrawl Space, Finished, Full, Partial, Unfinished
  • Year Built1960
  • Building ConstructionWood Frame
  • RoofOther, Shingle

Exterior

  • ExteriorAluminum Siding, Clapboard, Vinyl Siding, Wood Siding

Property Information

  • Property UsesHotel/Motel

Photos

  • Number of Photos15
  • Last Img Trans Date10/13/2019

Tax Information

  • Tax Year2,018

Location

  • StateME
  • TownRockport
  • Zip04856
  • LocationNear Shopping, Water View
  • CountyKnox
  • Map3

Property

  • Acreage3.44
  • Sq Ft Finished Total8036
  • Leased LandNo

Other

  • Parking Spaces21+ Spaces, On Site, Paved
  • View Count2

Basic Information

  • List Price$1,150,000
  • MLS Number1436184
  • Address1044 Commercial Street
  • Broker NameKeller Williams Realty
  • Modification Date10/13/2019
  • Agent ID016986
  • Broker ID1898
  • Listing StatusActive

Utilities

  • Heat SystemBaseboard, Heat Pump, Hot Water
  • Heating FuelElectric, Oil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingA/C Units
  • ElectricCircuit Breakers

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