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Bucksport,ME 04416
Key Details
Property Type Commercial Sale
Sub Type Investment
Listing Status Pending
Square Footage 18,044 sqft
Price per Sqft $83
MLS Listing ID 1595472
Year Built 1960
Annual Tax Amount $11,832
Tax Year 2023
Lot Size 9.050 Acres
Property Sub-Type Investment
Property Description
Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use.
Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns.
Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular.
Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!
Location
State ME
County Hancock
Zoning Commercial
Interior
Heating Other,Hot Water,Baseboard
Cooling None
Flooring Wood,Laminate,Carpet
Equipment Cable
Exterior
Parking Features 21+ Spaces,Off Site,On Site,Paved
Utilities Available 1
Waterfront Description Bay
View Y/N No
Roof Type Metal
Building
Lot Description Water View,Downtown,Near Shopping
Story 2
Foundation Block,Other
Sewer Public Sewer
Water Public
Structure Type Composition,Wood Frame