$1,500,000
( $83.13Per Sq Foot )
 $8,052 forsale estimated payment Sourced by Back At You

196 Us-1 , Bucksport, ME 04416

Bucksport, ME 04416

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Description

Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use. Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns. Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular. Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!

Details

Mls1595472
Listing TypeFor Sale
SubtypeResale
StatusPending
Year1960
Days On Site166
Listing Provided ByTwo Rivers Realty, LLC | Douglas Burpee

Features

Sq Feet18,044
BasementY
Storys2
ZoningCommercial
Acreage9.05
Water FrontBay

Market Activity 04416

    
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.

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Learn More About This Property

StateME
CountyHancock
CityBucksport
Zip Code04416
Listing VS Median (in 04416)
Price:
$1,500,000
low | high
Med:
$289,900
100% of Average
SqFt:
18,044
low | high
Med:
1,008
100% of Average
$ / SqFt:
$83
low | high
Med:
$288
100% of Average
On Site:
166
low | high
Med:
53.000000
100% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 11:23:22 AM PST