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Gosnold Arms 146 State Route 32 30 Room Hotel New Harbor, ME 04554 $3,750,000 ($125,000/Room)
INVESTMENT HIGHLIGHTS
- Ten private guest rooms, several with balconies. Most rooms have good views across the street to the harbor.
- Lobby, office space, staff lounge, and an enclosed sunporch on the waterside of the inn is setup for dining.
- A substantial pier with a ramp and float on New Harbor.
- Owner’s suite with three bedrooms and two baths.
- Additional buildings include several cottages.
- Harbor views.
EXECUTIVE SUMMARY
The Gosnold Arms is a classic Maine inn on New Harbor with a total of 5.56± acres, 218± feet of frontage on the harbor, and very good views of New Harbor and out to Muscongus Bay. The property includes the historic inn with ten private guest rooms, an owner’s suite, charming public spaces, and potential restaurant space. There are a number of additional multi-unit guest cottages; two cottages (5 units) are located at the water’s edge, the others are tucked into the hillside behind the inn in a semi-private wooded setting. The entire property would be suitable for continued commercial use, or it could be converted back to a single-family residence or family compound. The property also has a substantial pier with a ramp and float on New Harbor.
Dating back to the 1850s, the Gosnold Arms began as a 19th-century farmstead owned and operated by the Danforth family. The property featured a classic farmhouse, a large barn, and scenic farmland with views over the bustling harbor. The charming pier cottage was originally the Pilot House for the Steamship Authority, welcoming summer visitors arriving by boat from the city. Named after Bartholomew Gosnold, an explorer from the early 1600s who played an important role in establishing trade routes for England, the building has been operated as a beloved inn since 1925, and by the current family since 1978.
Dating back to the 1850s, the Gosnold Arms began as a 19th-century farmstead owned and operated by the Danforth family. The property featured a classic farmhouse, a large barn, and scenic farmland with views over the bustling harbor. The charming pier cottage was originally the Pilot House for the Steamship Authority, welcoming summer visitors arriving by boat from the city. Named after Bartholomew Gosnold, an explorer from the early 1600s who played an important role in establishing trade routes for England, the building has been operated as a beloved inn since 1925, and by the current family since 1978.
PROPERTY FACTS
| Price | $3,750,000 | Lot Size | 5.56 AC |
| Price Per Room | $125,000 | Building Size | 14,954 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1850 |
| Building Class | C | Corridor | Interior |
| Zoning | Village - Village | ||
| Price | $3,750,000 |
| Price Per Room | $125,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.56 AC |
| Building Size | 14,954 SF |
| No. Rooms | 30 |
| No. Stories | 3 |
| Year Built | 1850 |
| Corridor | Interior |
| Zoning | Village - Village |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 20 | $234.00 | - |
| Guest Room | 10 | $135.00 | - |
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Gosnold Arms | 146 State Route 32
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