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Camden Riverhouse Hotel 11 Tannery Ln 35 Room Hotel Camden, ME 04843 $4,900,000 ($140,000/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
Property Facts
| Price | $4,900,000 | Lot Size | 0.67 AC |
| Price Per Room | $140,000 | Building Size | 26,478 SF |
| Sale Type | Investment | No. Rooms | 35 |
| Sale Condition | Business Value Included | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1994/2010 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | ||
| Zoning | B-TR - Hotels | ||
| Price | $4,900,000 |
| Price Per Room | $140,000 |
| 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 | 35 |
| No. Stories | 3 |
| Year Built/Renovated | 1994/2010 |
| Corridor | Interior |
| Zoning | B-TR - Hotels |
Amenities
- Pool
- 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 | 8 | $290.00 | - |
| Guest Room | 27 | $279.00 | - |
Property Taxes
| Parcel Number | CAMD-000120-000137 | Improvements Assessment | $3,041,200 |
| Land Assessment | $982,500 | Total Assessment | $4,023,700 |
Property Taxes
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Camden Riverhouse Hotel | 11 Tannery Ln
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