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393 Bath Road, Brunswick, ME 04011

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For Sale

$2,650,000

21 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 1608505

Courtesy Of Portside Real Estate Group
417 US Route One, Falmouth, ME 04105
(207) 619-7571

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Lot Size
    14 Acres

Map and Directions

Directions to 393 Bath Road, Brunswick, ME 04011

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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