Active

393 Bath Road

Brunswick ME, 04011

$2,650,000


Active

22 Baths

Multi-family

Built in 1900

Courtesy of Portside Real Estate Group

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.

1608505

MLS ID

November 1, 2024

Listed

November 13, 2024

Updated

Map

393 Bath Road
Brunswick ME, 04011

Interior Features

Total Bathrooms

22


Full Bathrooms

21


Half Bathrooms

1


Floor Description

Composition


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Direct Vent Heater

Exterior/Building Features

Lot Size

14 Acres


Lot Features

Wooded, Pasture


Architectual Style

Other Style


Roof

Composition, Shingle


Sewer

Private Sewer

Other Property Details

Taxes

$18,001


Tax Frequency

Annually


Garage

Yes


Garage Spaces

3


Parking

21 Spaces, Gravel


View

No


County

Cumberland


Water Source

Public


Pool

No


Zoning

Growth Industry

Listing Contact: 207-329-6716

Courtesy of  Portside Real Estate Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Heather Shields shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:41 PM UTC, 11/13/2024

 

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