Bucksport, ME 04416 196 US-1
$1,500,000
Pending
81 more
Presented By: Two Rivers Realty, LLC; tworiversdougb@gmail.com
Home Details
Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use.
Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns.
Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular.
Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!
Presented By: Two Rivers Realty, LLC; tworiversdougb@gmail.com
Interior Features for 196 US-1
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementDirt Floor, Unfinished
Basement (Y/N)No
FlooringWood, Laminate, Carpet
Heating Y/NYes
General for 196 US-1
Additional Parcels Y/NNo
Business TypeHotel/Motel, Resort, Bed and Breakfast
Carport Y/NNo
CityBucksport
Construction MaterialsComposition, Wood Frame
CoolingNone
CountyHancock
ElectricCircuit Breakers
Electric On Property Y/NNo
Garage Y/NYes
HOANo
HeatingOther, Hot Water, Baseboard
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet394218.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeInvestment
Property TypeCommercial Sale
Rent Control Y/NNo
RoofMetal
Senior CommunityNone
SewerPublic Sewer
Standard StatusPending
StatusPending
Stories2
Tax Annual Amount11832.0
Tax Lot12
Tax Year2023
Waterfront FeaturesBay
Waterfront Y/NNo
Year Built1960
ZoningCommercial
Exterior for 196 US-1
Building Area Total18044.0
Crops Included Y/NNo
Foundation DetailsBlock, Other
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWater View, Downtown, Near Shopping
Lot Size Acres9.05
Lot Size Area9.05
Open Parking Y/NNo
Other EquipmentCable
Parking Features21+ Spaces, Off Site, On Site, Paved
Water SourcePublic
Additional Details
Price History
Dustin Mallar
Broker