Saco
$2,650,000
650 Main Street
mls: 1653565
Bathrooms: 0
Year Built: 1955
Sq Footage: 11,688
Lot Size: 0.93
Taxes: $10,842
Status: Active

this recently renovated 20-room motel offers a compelling investment opportunity in the growing hospitality market of Saco, Maine. Set on 0.

Listed by: American Real Estate

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.

Listed by: American Real Estate

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
11688.00
Construction Materials
Cooling
Window Unit(s)
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Hardwood, Luxury Vinyl
Foundation Details
Green Energy Efficient
Heating
Baseboard, Hot Water
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Lot Size Acres
0.9300
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Tax Annual Amount
10842.00
Utilities
Water Source
Public
Year Built
1955
Zoning
B-2b