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Camden Riverhouse Hotel 11 Tannery Ln 33 Room Hotel Camden, ME 04843 $4,900,000 ($148,485/Room)
Investment Highlights
- 33 Guestrooms – The three-story hotel offers 33 spacious guestrooms, providing an established lodging operation in the heart of downtown Camden.
- Generous Guestroom Sizes – Typical guestrooms contain approximately 307 square feet, with two larger third-floor rooms featuring private balconies.
- Outdoor Guest Areas – A landscaped patio, firepit, flower beds, mature trees, and a small lawn create inviting spaces for guests to enjoy the property
- Comfortable, Well-Equipped Accommodations – Guestrooms
- Dedicated Breakfast Room – A bright and spacious breakfast room includes a built-in continental breakfast area
- Operational Infrastructure – The hotel includes a management office, commercial house laundry, maintenance space, storage areas, and solar power
Executive Summary
The offering includes 34 keys, comprising the hotel at 11 Tannery Lane, the cottage at 12 Tannery Lane, and a footbridge providing guests with direct pedestrian access to downtown Camden.
Property Facts
| Price | $4,900,000 | Lot Size | 0.67 AC |
| Price Per Room | $148,485 | Building Size | 26,478 SF |
| Sale Type | Investment | No. Rooms | 33 |
| Sale Condition | Business Value Included | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1994/2010 |
| Property Subtype | Hotel | Parking Ratio | 0.3/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | B-TR - Hotels | ||
| Price | $4,900,000 |
| Price Per Room | $148,485 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.67 AC |
| Building Size | 26,478 SF |
| No. Rooms | 33 |
| No. Stories | 3 |
| Year Built/Renovated | 1994/2010 |
| Parking Ratio | 0.3/1,000 SF |
| Corridor | Interior |
| Zoning | B-TR - Hotels |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 11 TANNERY LN , CAMDEN, ME 04843
Camden Riverhouse Hotel presents an opportunity to acquire an established in-town hotel paired with the one-bedroom Ordway Cottage in the heart of downtown Camden, both with dedicated on-site parking. The offering includes the hotel at 11 Tannery Lane, the cottage at 12 Tannery Lane, and a footbridge providing guests with direct pedestrian access to downtown Camden. Bordering the Megunticook River, the property combines a scenic setting with a central downtown location. The footbridge provides convenient access to Camden’s Main Street, placing guests within easy reach of shops, restaurants, the harbor, and other downtown attractions.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $290.00 | - |
| Guest Room | 31 | $160.00 | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | CAMD-000120-000137 | Improvements Assessment | $3,041,200 |
| Land Assessment | $982,500 | Total Assessment | $4,023,700 |
Property Taxes
Parcel Number
CAMD-000120-000137
Land Assessment
$982,500
Improvements Assessment
$3,041,200
Total Assessment
$4,023,700
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Camden Riverhouse Hotel | 11 Tannery Ln