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About the Listing 3147 - 020916,003741
this recently renovated 20-room motel offers a compelling investment opportunity in the growing hospitality market of Saco, Maine. Set on 0.93 of acre, the property features bright, modern, and stylish guest accommodations designed to provide comfort and convenience for travelers. In addition to the guest rooms, the property includes two office spaces and a private owner's suite, making it ideal for an owner-operator or professional management. Positioned in a high-visibility, high-traffic corridor, the motel benefits from a strategic location with easy access to local attractions, nearby beaches, and major travel routes. On-site amenities enhance the guest experience while supporting strong occupancy potential. The generous lot size also presents future development potential, with room to add additional structure or units or expand operations--offering investors the opportunity to further increase revenue and maximize returns. Buyers are encouraged to perform their own due diligence regarding development possibilities and local zoning requirements. Whether you're seeking a turn-key hospitality investment or a property with expansion upside, this well-located and renovated motel presents a rare opportunity in the Southern Maine market.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Commercial Sale
MLS ®
1653565
Year Built
1955
Total Square Footage
11,688
Lot/Acreage
0.93
County
York
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Walk-Out Access,Sump Pump,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Near Shopping
- Garage Capacity: N/A
- Zoning: B-2b
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,On Site,Paved
Financial Details
- Tax Amount: $10,842
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
650 Main St Saco, ME 04072
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