Rockport
$899,000
1044 Commercial Street
mls: 1461616
Bathrooms: 0
Sq Footage: 8,036
Lot Size: 3.44
Taxes: $11,195
Status: Closed

New Price at nearly $500k LESS than the appraised value done in 2016! Excellent opportunity to acquire a well-maintained 19-unit motel ideally located along highly traveled Route 1.

Listed by: Keller Williams Realty

New Price at nearly $500k LESS than the appraised value done in 2016! Excellent opportunity to acquire a well-maintained 19-unit motel ideally located along highly traveled Route 1. Close to downtown Rockland, Rockport, and Camden, amenities include a heated outdoor pool, breakfast room, several outdoor sitting areas, and a manager's unit. Potential for further development as owners previously had plans to build an additional 3,000 sq. ft. building with retail space and another unit. The sellers have operated the property successfully for 20+ years and have decided to pursue retirement.

Listed by: Keller Williams Realty

Basement
Crawl Space, Finished, Full, Partial, Unfinished
Bathrooms Total Integer
0
Building Area Total
8036.00
Construction Materials
Wood Frame
Cooling
Multi Units
Cooling Yes/No
1
Electric
Circuit Breakers
Heating
Electric, Oil
Heating Yes/No
1
Lot Features
Near Shopping
Lot Size Acres
3.4400
Parking Features
21+ Spaces, On Site, Paved
Sewer
Public Sewer
Tax Annual Amount
11195.00
Water Source
Public
Zoning
Mixed Business/Res