Active
393 Bath Road
Brunswick ME, 04011
$2,650,000
Active
22 Baths
Multi-family
Built in 1900
Courtesy of Portside Real Estate Group
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.
1608505
MLSⓇ ID
November 1, 2024
Listed
November 13, 2024
Updated
Map
393 Bath Road
Brunswick ME, 04011
Interior Features
Total Bathrooms
22
Full Bathrooms
21
Half Bathrooms
1
Floor Description
Composition
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Direct Vent Heater
Exterior/Building Features
Lot Size
14 Acres
Lot Features
Wooded, Pasture
Architectual Style
Other Style
Roof
Composition, Shingle
Sewer
Private Sewer
Other Property Details
Taxes
$18,001
Tax Frequency
Annually
Garage
Yes
Garage Spaces
3
Parking
21 Spaces, Gravel
View
No
County
Cumberland
Water Source
Public
Pool
No
Zoning
Growth Industry
Listing Contact: 207-329-6716
Courtesy of Portside Real Estate Group
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Data last updated 4:41 PM UTC, 11/13/2024