Bar Harbor, ME 04609 986 State Highway 3

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Presented By: Real Broker; brandonhowlandrealtor@gmail.com
  • MLS# 1593516
  • 06/15/2024
  • Request Tour
  • Request Info
  • SQFT • 8,782

Home Details

Eden Village Motel and Cottages is a thriving lodging business ideally located along the main throughway to Bar Harbor, near Acadia National Park, which sees 3-4 million seasonal visitors. This 22+ acre property features 21 units, offering a profitable opportunity for those interested in hospitality. The front 4 acres house all the building structures, with Eden Village boasting unique spacing between units. The property includes 11 unique private cottages and a 10-room motel strip, accommodating up to 89 guests across 47 beds. With nearly 90 years of history, Eden Village combines Downeast Maine's artistic charm with modern amenities. Guests love its peaceful setting just 7 miles out of town. Over seven seasons, the current local owners have significantly improved the units, and they are willing to assist new owners in maintaining profitability and operational excellence. Significant renovations include eight of the ten motel rooms, new roofs on nine cottages and the motel's front roof (completed in 2018), and sunrooms added to seven cottages. Six cottages have undergone major renovations, demonstrating the care and investment of over $700k in improvements since 2018. A 3-bedroom, 1.5-bathroom manager's house is ideal for personal use or staff housing, adding convenience for the owners. Under inspired ownership, Eden Village has seen consistent growth and offers a solid income-producing opportunity. The stunning Maine landscape provides tremendous potential for expansion, such as adding a glamping-style camping resort, subject to local and state zoning laws. For those looking to own and operate a successful business, Eden Village offers a unique opportunity with a proven track record. Embrace this chance to be part of Bar Harbor's vibrant tourism industry. Schedule a showing today and embark on a rewarding journey as the proud new owner of this remarkable property.
Presented By: Real Broker; brandonhowlandrealtor@gmail.com

Interior Features for 986 State Highway 3

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Heating Y/NYes

General for 986 State Highway 3

Additional Parcels Y/NNo
Business TypeCommercial, Hotel/Motel
Carport Y/NNo
CityBar Harbor
Construction MaterialsWood Siding, Vinyl Siding, Wood Frame
CoolingHeat Pump
CountyHancock
ElectricCircuit Breakers
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingHeat Pump, Forced Air
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet960933.6
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeGeneral Commercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofMetal, Shingle
Senior CommunityNone
SewerPrivate Sewer, Septic Existing on Site
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Annual Amount13324.67
Tax Lot054
Tax Year2023
Waterfront FeaturesPond
Waterfront Y/NYes
Year Built1950
ZoningCommercial

Exterior for 986 State Highway 3

Building Area Total8782.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWater Frontage, Near Airport
Lot Size Acres22.06
Lot Size Area22.06
Open Parking Y/NNo
Other EquipmentInternet Access Available
Parking Features21+ Spaces, On Site
Water SourcePrivate, Public, Well

Additional Details

Price History

Malayka Harriman

Listing/Buyer Specialist
Price $3,750,000
MLS#1593516
List Date 06/15/2024
Property Type Contingent
Phone 207.891.1572
Request Tour
Request Info
Visit My Website

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