393 Bath Road, Brunswick, ME, 04011
21 Full / 1 Half baths
1900
Other Style
0 sqft
Group Showing 11/12 at 3:15 PM! Attention commercial landlords and investors! The New Meadows Motel features 22 units on the high traffic road tucked back between the vibrant Cooks Corner and the growing city of Bath. This property spans 14 acres, hinting at future development or expansion opportunities, all the while preserving a country setting of expansive lawns and a small pond. This property is currently licensed as a motel and features a mix of weekly and monthly tenants. The main house is a two unit, there is a 3 unit, a single family home, a storage/workshop building, and then 8 motel style units. The property has had extensive renovations done to the exteriors of all buildings, and a majority of the interiors have been redone, including furnishings, plumbing and electric. There is a wooded area that can support a new single family home, and the opportunity to add more motel units is an obvious value add. The cash flow on this property makes it the safe addition to your portfolio, or your next career as a business owner. Please no drive-bys, call for an appointment.
Status:
Active
Type:
Multi-family
Units:
22
Zoning:
Growth Industry
Garage:
3-car
Heating:
Direct Vent Heater
Cooling:
None
Basement:
Crawl Space, Full, Exterior Entry, Bulkhead, Unfinished
Parking:
21+ Spaces, Gravel
Acreage:
14
Est. Taxes:
$18,001
Construction
Vinyl Siding, Wood Frame
Utilities
Utilities On, Pole
Lot Description:
Wooded, Pasture
MLS #:
1608505
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Portside Real Estate Group