Fountain Hut Motel 196 US Route 1 50 Room Hotel Bucksport, ME 04416 $1,500,000 ($30,000/Room)

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INVESTMENT HIGHLIGHTS

Former motel and rental property located in the lively Down east & Acadia Region.

The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms.

EXECUTIVE SUMMARY

Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use.
Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns.
Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular.
Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!

Structural Analysis by Civil Engineering Firm

PROPERTY FACTS Under Contract

Price	$1,500,000
Price Per Room	$30,000
Sale Type	Investment
Sale Condition	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	9.05 AC
Building Size	18,044 SF
No. Rooms	50
No. Stories	2
Year Built/Renovated	1960/2016
Parking Ratio	2.66/1,000 SF
Corridor	Exterior
Zoning	COMMER - Commercial hospitality

High Speed Internet Access

Patio

Public Access Wifi

Smoke-Free

ABOUT 196 US ROUTE 1 , BUCKSPORT, ME 04416

Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use. Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns. Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular. Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!