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172 E. Main
Searsport, ME 04974
The Yardarm Motel · Hospitality Property For Sale · 7,540 SF

INVESTMENT HIGHLIGHTS

  • A prime Coastal Route 1 location en route to and from Bar Harbor

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 38.00 AC
Building Size 7,540 SF
No. Stories 1
Year Built 1951
Parking Ratio 1.99/1,000 SF
Corridor Exterior
Zoning Commercial - Commercial Zoning

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ABOUT 172 E. MAIN , SEARSPORT, ME 04974

The Yardarm Motel is a vintage, roadside motel, built in 1951 by artists from New York. We are quaint and quirky, focused on providing a great base from which you can explore all that Mid-Coast and Downeast regions have to offer. With Acadia National Park, Bar Harbor, Blue Hill, Camden, Castine, Ellsworth, Lincolnville and more all within about an hour’s drive from the Yardarm, there is plenty to keep guest busy. And Searsport itself offers history, hiking and more. The Yardarm features a variety of room types, ranging from cozy, budget rooms with one double bed to larger rooms with two or three beds. A continental breakfast is served in the sunny breakfast porch. The front lawn has a fire pit and lawn games are available for family fun! Guess can also explore the woods and meadow behind the motel – 38 acres of it! The long covered porch running in front of the units offers seating for each guest room. The rooms at The Yardarm offer comfort and value in a great central location to explore much of coastal Maine. And just a minute to downtown Searsport and 10 minutes to Belfast, there are plenty of shops, galleries and restaurants from which to choose. The breakfast room is the home’s sunporch, with plenty of windows for guests to enjoy during breakfast. PROPERTY DETAILS: 172 E. Main Street, Searsport, ME 04974 Motel built in 1949 and Georgian Colonial home built around 1851 Total finished square footage: 13,070sf (motel ~8,645 and house ~3,950 + breakfast room, 475sf); unfinished barn ~2,300sf (1,500 1st floor and 800 2nd floor) Lot size: 38 acres 450 feet of frontage on Coastal Route One Book 4625, Page 270, Waldo County Registry of Deeds Map 7, Lot 44 Zoning: Commercial Real Estate Taxes 2022-23: $12,149 18 motel rooms, a mix of queen and king rooms; the owner’s house has 5 bedrooms, 4 baths, double parlors, dining room, kitchen with induction range and dishwasher and a two sided wood burning fireplace between a parlor and the dining room; the barn is original and unfinished, currently used for storage Guest porch in front of the breakfast room, and for owners around the first floor of their house Flooring: carpet, vinyl, laminate, hardwood Utilities: public water & sewer; propane; oil AC: motel window units, wall heaters, plus heat pumps in breakfast room, office and private mud room Heat: hot air; wood stove Hot water: propane Siding: vinyl and wood Roof: composition shingle Onsite gravel parking lot for ~26 cars Basement: unfinished, interior and bulkhead access And with 38 acres, there is room for expansion…additional rooms, buildings, restaurant, bakery, events in the barn (above left), glamping on the back acreage, it’s only up to your imagination! The owner's house: The large owner’s home offers 5 bedrooms, 4 baths, double parlors, dining room, kitchen with induction range and dishwasher and a two sided wood burning fireplace between a parlor and the dining room; the barn is original and unfinished, currently used for storage. This space can be converted and rented as bed and breakfast rooms. Today, the owners, Sabrina and Rick, serve breakfast to the guests. But new owners could serve other meals and welcome the public as well. Rick and Sabrina have a small area with chickens, goats and new owners could expand the farming! Events and dinners would be very popular in the barn if renovated. There’s no shortage of things to do and places to explore from Yardarm’s central location and traveling in any direction is easy. The property is located on coastal US Route 1, offering ideal roadside visibility, just a minute from the newly revived downtown Searsport, and Belfast’s historic downtown and picturesque harbor are just a few minutes away. The Yardarm is located: 35 minutes from Blue Hill 35 minutes from Camden 40 minutes from Ellsworth 40 minutes from Bangor 1 hour 10 minutes from Bar Harbor 1 hour 10 minutes from Stonington 1.5 hours from Boothbay Harbor 2 hours from Portland 2.5 hours from Kennebunkport 2.5 hours from Lubec 3 hours from Moosehead Lake

  • Listing ID: 29612897

  • Date on Market: 9/24/2023

  • Last Updated:

  • Address: 172 E. Main, Searsport, ME 04974