Brunswick, ME 04011 393 Bath Road
$2,650,000
43 more
Presented By: Portside Real Estate Group;
Home Details
Group Showings Available! Attention commercial landlords and investors! The New Meadows Motel features 21 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.
Presented By: Portside Real Estate Group;
Interior Features for 393 Bath Road
Bathrooms
Half Baths1
Total Baths21
Other Interior Features
Above Grade Finished Area0.0
Air Conditioning Y/NNo
BasementCrawl Space, Full, Exterior Entry, Bulkhead, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringComposition
Heating Y/NYes
General for 393 Bath Road
Additional Parcels Y/NNo
Architectural StyleOther Style
Attached Garage No
Carport Y/NNo
CityBrunswick
Construction MaterialsVinyl Siding, Wood Frame
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths20
Garage Spaces3.0
Garage Y/NYes
Gross Income439000.0
HOANo
HeatingDirect Vent Heater
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet609840.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal21
Operating Expense80672.0
Property TypeMulti-Family
Rent Control Y/NNo
RoofComposition, Shingle
Senior Community Y/NNo
SewerPrivate Sewer
Standard StatusActive
StatusActive
Tax Annual Amount18001.0
Tax Lot11
Tax Year2023
UtilitiesUtilities On, Pole
Waterfront Y/NNo
Year Built1900
ZoningGrowth Industry
Exterior for 393 Bath Road
Building Area Total0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWooded, Pasture
Lot Size Acres14.0
Lot Size Area14.0
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features21+ Spaces, Gravel
Road Frontage TypePrivate
SpaNo
Water SourcePublic
Additional Details
Price History
Debbie Bodwell
Branch Manager