Open House Sat Nov 11, 11A-1P! Income Property/Investment

Hospitality for Sale
Catylist Listing ID: 30856675
Property Subtypes: Bed & Breakfast, Extended Stay, Spa, Vacation Rental(s)
Number of Units: 1 Units
Building Size (RSF): 1,020 SF
Gross Building Area: See Agent
Gross Land Area: 2.28 SF
Sale Price: $615,000
Unit Price: $615,000 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Income Property - Queensbury Lodge Lakeview
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2023

Overview / Comments

Upper level is an open concept kitchen with island seating and a large living room with fireplace, leading to large, 4 season glassed porch, with views of Mousam Lake. There are 2 bedrooms upstairs, one with double sliding glass doors to a deck; and a fully finished lower level with options for office, retail, or more bedrooms. The bonus on lower level is a garage door leading to back yard.

2 Car detached garage with extended roof on back side for storage of boat or other uses.

This 2.28 +/ acre lot is beautiful with wide open green space bordered by mature trees providing a large, private-style setting.


Finance Data Year 2023
Real Estate Taxes - Annual($) $4,052 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31240_005-ROAD
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Visibility: Good
Largest Nearby Street: US Rt 109
Feet of Frontage: 800
Highway Access: Biddeford, Wells or Kennebunk are all within a 35-40 minute drive.
Airports: Sanford Seacoast Regional Airport
Area Description: About Mousam Lake: Mousam Lake area is well know for year round recreational fun and peaceful enjoyment.  Year round or summer visitor the lake always offers sunsets and campfires. Summertime offers  sandy beach swimming, deep water fishing  and opportunity for many types of water craft from jet skiing, tubing, or kayaking or party boat cruising. Winter brings sparkling views, ice fishing, snowmobiling, sledding, skating, cross country skiing or snowshoeing. The proximity  to the quaint Village of Springvale and the growing City of Sanford  (just a 5 minute drive) provides quick access to necessities and desired amenities including hospital, quick care, shopping, restaurants, museum, libraries, YMCA, Sanford Mainers baseball team, community center, and even an airport where they have an active pilot training program. Mousam Lake Resources and guide:
Nearby Attractions: Public sandy beach across the street .Fishing, boating, swimming, hunting, snowmobiling, ice fishing,ice skating, sledding, nature trails, marina storage, Acton fairgrounds, farmers markets, apple orchards, corn maze, sky diving, movie theater and arcade, bowling, mini golf, golf club, new performing arts center.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1930
Year Renovated: 1980
Roof Type: Arched
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: paved
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Zoning Description: General Purpose and Shore Land
Water Service: Well
Sewer Type: Septic
Easements: Other
Easements Description: See Deed

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,668 8,404
Median Age: 43.76 42.14
Households: 1,072 3,338


Photograph of Listing Agent

Suzanne M. McKechnie

Investcomm Commercial Group
NECPE Member
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