Successful Maine Inn & Event Center

Hospitality for Sale
Catylist Listing ID: 30664110
Property Subtypes: Inn, Other
Number of Units: 8 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 30 Acres
Sale Price: $3,395,000
Unit Price: $424,375 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2020

Overview / Comments

Opportunity to acquire an award-winning inn and event venue within an hour from downtown Portland.​ Located in a country setting on approximately 30 acres of land, the converted farmhouse and attached event venue allows for any type of occasion from classic weddings to conferences to corporate retreats.​ The energy-efficient property consists of a tastefully decorated inn; 4,782 sq.​ ft.​ event center; three-story carriage house with a meeting room on the 1st floor and owner’s quarters on the 2nd and 3rd floors; a large barn; and in-house catering with a full commercial kitchen and walk-in cooler and freezer.​

A certified Maine DEP Green Lodging establishment, the property includes a 10-kW wind turbine, solar photovoltaic and hot water array, and four electric vehicle charging stations.​ Added in 2004, the successful event venue features state of the art audio-visual equipment, a full bar, grand fireplace, teak dance floor, and ample storage.​ The beautifully designed building lends itself to hosting and the numerous exterior glass doors seamlessly mesh those indoor-outdoor events.​ Also included is a 30’ x 75’ frame tent with clear and/or screen sides.​

The inn is comprised of 8 guestrooms, all with private baths and individually adjustable climate controls.​ Five of the guestrooms feature a gas fireplace, four with large double whirlpool bathtubs, and three offer a private deck.​ Common areas include a spacious living room, dining room, pub, breakfast room, and guest kitchen.​ Additional amenities include an outdoor hot tub, sauna, on-site commercial laundry, climate-controlled garage and workshop, a 6,000+ sq.​ ft.​ barn, ample paved and lit parking, and an opportunity for further development.​

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 018-004
Zoning: RURAL FARM
Retail Clientele: General, Business, Traveler, Tourist, Convention
Property Condition: Good
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,976 18,925 29,497
Median Age: 38.92 44.21 43.94
Households: 3,379 8,802 13,267

Contact

Photograph of Listing Agent

Nicholas Farrell

KW Commercial - Keller Williams Realty
NECPE Member
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