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441 Newburgh Road, Hermon, ME 04401

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For Sale

$3,500,000

7,700 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $454.55
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

Time for a change of lifestyle - own your own ski mountain! New Hermon Mountain Inc. is a family-owned and operated ski area for the past 30 years in one of the fastest growing towns in Hermon, Maine. The mountain boasts 100% snow making coverage with it's own pump house on Hermon Pond, supplying all the water needed. There are 2 lifts and 20 marked trails, night skiing, half pipe, a tubing park and a top-notch National Ski Patrol program. The slopes are just right for both novice skiers and experts alike. Not a skier? Take the tubing lift up then speed down the 600-foot tubing park. The main lodge was built in 2005 with 8500sq ft and houses the rental shop, snack bar and kitchen, open area seating and ski school area. There is a partially finished private 2nd floor with potential for various applications- currently built out with a bedroom and bathroom. The building has an alarm system, radiant heat and a great office space or crew lounge. The possibility exists to expand the mezzanine to include a bar or restaurant expansion. The current owners are retiring after three decades of operating and are ready to hand over the reins to the next generation. A 20 year manager with all operations knowledge would like to stay on. Enjoy views of Mt Katahdin from the top of the 69.62 acres. A side access road leads you to the mountain top for further expansion. Possibilities include house lots, condos, or an events venue to take advantage of the amazing views. Additional revenue opportunities exist with the communications tower. Lease equipment space on the tower for additional income (interest expressed by cell tower operators to lease space as well).The equipment list and inventory is lengthy and included. The current owners installed a new chair lift and added the tubing park during their tenure, and new pump house equipment. The mountain has a large generator for use in snowmaking and a 2nd one as well.
MLS# 1604436

Courtesy Of Realty of Maine
458 Main Street, Bangor, ME 04401
(207) 942-6310

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Floor Covering
    Concrete
  • Heating System
    Forced Air, Heat Pump
  • Lot Size
    69.62 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 441 Newburgh Road, Hermon, ME 04401

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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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