Brunswick Area Motel

Hospitality for Sale
Sale Pending
Catylist Listing ID: 30429483
Property Subtypes: Motel
Status: Pending
Number of Units: 50 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 2.18 Acres
Sale Price: $1,575,000
Unit Price: $31,500 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/12/2019

Overview / Comments

Motel has great visibility on US Route 1 with convenient access to I-295 and the coastal route to other popular tourist destinations north. Brunswick is located 25 miles north of Portland, Maine’s largest city, just 30 miles from the Portland International Jetport (PWM) and 8 miles from downtown Freeport and its numerous shopping outlets.

*50 Guestrooms
*Owners Apartment
*Ample Storage
*2.18 Acres
*Staff house

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: U23-050
Zoning: GM5 - GROWTH MIXED USE 5
Property Visibility: Excellent
Largest Nearby Street: US Route 1
Feet of Frontage: 183
Highway Access: Convenient access to Route 295
Nearby Attractions: Restaurants, shopping, museums and other area attractions.
Total Number of Buildings: 4
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Description: Ample, on-site, paved parking.
Lot Frontage: 183 +/- feet of frontage on U.S. Route 1 (Pleasant St.)
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,619 17,810 30,164
Median Age: 45.32 40.99 42.96
Households: 3,091 7,404 12,623

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