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BOOKINGS are UP-The PRICE is LOWER!!!
747 Main Street, Ogunquit, ME 03907
View of the Beautiful Ogunquit Beach
N/A
20
8,284 SF
Hotel & Motel
Economy/ Limited Service
Business For Sale
1
1964
2.20 AC
-
Last Verified 6/7/2011
Listing ID 15835744
Highlights
2010 Income up over 2009!- 2011 Reservations are up over 2010 - Tremendous Repeat Business!
- Excellent Owner's Living Quarters!
- Immaculate Property Inside & Out! True Turnkey Business Opportunity!
- Approximately 1 mile from one of the most beautiful beaches in the country!
- Approximately 1.5 hours from Boston!
Description
See Visual Tour at:
The price has been reduced to $1,475,000 and the reservations are up for 2011! Get in now to have the lifestyle of your dreams!
The TowneLyne Motel is one of the most picturesque motels located in the very high demand So. Seacoast Town of Ogunquit, ME! 20 immaculate motel units with a central 2-story owner's home. Property consists of approx. 2.2 acres; public water & public sewer; beautiful grounds with plenty of flowers, shrubs, and guest seating areas. Price has been reduced for a sale this year - price includes the Real Estate, Furniture, Fixtures, & Equipment. POSITIVE CASH FLOW!!!- SALES WERE UP IN 2009 OVER 2008 - ONE OF THE VERY FEW HOSPITALITY PROPERTIES IN MAINE TO DO SO IN THIS ECONOMY DUE TO TREMENDOUS REPEAT BUSINESS!!!
To see a Visual Tour go to:
Located on Rte. 1 in beautiful Ogunquit, ME. Approx. 1.5 hrs from Boston. Near all of the many area amenities, restaurants, 1-mile from the beach, located near the Trolley stop. Highest demand tourist market area in the State!
Map of 747 Main Street, Ogunquit, ME 03907 (York County)
Created 8/5/2008
Additional Information for 747 Main Street, Ogunquit, ME 03907
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P