1931 US-1, Cape Neddick, ME 03902
Commercial property for lease
- Description
- Exciting little motel opportunity with high volume traffic count and visibility. This 9 unit Inn boasts route 1 location and sits on the York/Ogunquit line. You cannot travel north into Ogunquit without passing this quaint little Inn. This property has a substantial lease in place for the next 2 years and yields a solid return for any buyer. This is a golden opportunity with generous cap rate already in place, day one! Call listing broker for more info. A signed NDA will be required for additional financials and documentation requests. Building price details: $527,900.
- Exterior Features
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Parking Type: Surface, Other - Contact info
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Arthur J Pappas
- Note
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- Property Details
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Building Name: Breakwater Inn Property Type: Commercial (Other) Status: Available Lot Size: 1.750 Acres Number of Stories: 1 Year Built: 1959 Submarket: Extended Stay, Inn, Motel, Other MSA: Portland-South Portland Zoning: COMMERCIAL Buildings: 1 Terms: Cash to Seller Added: 08/21/2019