Investors take Notice! Owner occupied 3-unit, 8-unit motel and $1,880,000

River Acreage For Sale

Investors take Notice! Owner occupied 3-unit, 8-unit motel and 54 acres ( Seller believes there are 63 acres- 54 is tax record- we are in process of verifying with trying to locate old survey) of land ready for development. So many possibilities for this unique, well-maintained property. The main building has a full first level of space (2795 sft) for owner or rental including 2 offices, kitchen, living room, 1.5 baths and spacious bedroom. There are two renovated 3 BR apartments on the second floor with full kitchens and laundries. The 8-unit motel rooms range from small single occupant to larger 3-bed rooms, (2660 sq ft) all furnished. Converting to apartments would be cost effective and profitable. Both buildings have basements. A detached 2-car garage and older cottage is also included. The land has wood value and is subdividable with access from Rt 9 or Day Road and has city water, sewer and power from both streets. All are conveniently located just 3 miles from Bangor.