111 Minturn RD Active

Swans Island,ME 04685

$ 425000

- Bed

0 Bath

4000 SqFt


Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 4,000 sqft

Price per Sqft $106

MLS Listing ID 1631498

Annual Tax Amount $2,773

Tax Year 2024

Lot Size 0.300 Acres

Property Sub-Type Mixed Use

Property Description

Buy this turn-key inn and start making money from day one! The Harbor Watch Inn has been in operation for more than 35 years and is the only motel on the island. The property and profitable business are being sold as one.

The first floor includes four large individual units, all with exterior entrances, private baths, and accommodations for four adults. Two units have a typical motel layout with two beds, full bath, and a kitchenette. The other two units are larger and feature full-sized kitchens and private balconies overlooking the harbor.

On the second floor, there is a large furnished one-bedroom apartment with living room, dining area, galley kitchen, and oversized bathroom with separate shower and garden tub. This would be perfect for an owner's residence or as an additional transient unit. Also on this floor is unfinished space that could be utilized in several ways.

The full basement has a concrete floor and high ceilings. It is currently used as storage, but has endless potential!

The building also has a small office with laundry area, a solar array that helps offset power usage, and a Tesla charging station.

Guests can enjoy views of the harbor from the private balconies and shared decks, while the owner enjoys lower taxes due to being water view and not waterfront.

Website, social media accounts, reservation system, and corporate identity convey with sale.

Location

State ME

County Hancock

Zoning None

Interior

Heating Zoned,Hot Water,Baseboard

Cooling None

Flooring Vinyl,Laminate,Carpet

Equipment Internet Access Available

Exterior

Parking Features 5 - 10 Spaces,Gravel,On Site,Paved

Utilities Available 1

View Y/N No

Roof Type Shingle

Building

Lot Description Water View,Rural

Story 2

Foundation Concrete Perimeter,Slab

Sewer Septic Tank,Private Sewer,Septic Design Available

Water Well,Private

Structure Type Shingle Siding,Wood Frame

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