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.
- Style Other Style
- Year Built 1900
- Lot Size 14 acres
- County Cumberland
- City Brunswick
- Zone Growth Industry
- Location Business District
- Water Frontage No
- Seasonal No
- Full Tax Amount $18,001.00
- Tax Year 2023
- Association Fee $0.00
- Total Units 22
- Baths Total 22
- Baths Full 21
- Baths Half 1
- Basement Crawl Space, Full, Unfinished
- Construction Wood Frame
- Exterior Vinyl Siding
- Basement Crawl Space, Full, Unfinished
- Roof Composition, Shingle
- Floors Composition
- Heat System Direct Vent Heater
- Heat Fuel Propane
- Gas Bottled
- Water Heater Off Heating System
- Electric Yes
- Water Yes
- Waste Water Disposal Yes
- Driveway Gravel
- Parking 21+ Spaces
- Roads Private