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Beach Area Motel 21 Ocean Park Rd 18 Room Hotel Saco, ME 04072 $1,725,000 ($95,833/Room)

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INVESTMENT HIGHLIGHTS

  • 18 comfortable and spacious guestrooms/suites
  • Indoor heated swimming pool
  • Brand new Amana heat pumps in all rooms and owners apartment
  • Two-bedroom, two-bathroom owner/manager’s apartment
  • Outdoor Patio area for guest use
  • Ample parking

EXECUTIVE SUMMARY

This hotel is conveniently located just off I-195 between Old Orchard and Saco — two of Maine’s strongest lodging markets. The property presents a unique opportunity for aspiring innkeepers or investors seeking a lodging property with potential for repositioning. Currently open on a seasonal basis, the property is ideally equipped for year-round operation.

PROPERTY FACTS Under Contract

Price $1,725,000
Price Per Room $95,833
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.60 AC
Building Size 7,180 SF
No. Rooms 18
No. Stories 2
Year Built/Renovated 1959/2024
Tenancy Single
Parking Ratio 3.48/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning MDL-94 - Motels

AMENITIES

  • Pool
  • Indoor Pool

ABOUT 21 OCEAN PARK RD , SACO, ME 04072

Key features include an indoor heated pool and an inviting outdoor patio. The private two-bedroom owner’s apartment provides easy access to the front desk and lobby area for easy management and convenience. It includes a private deck and backyard for the owner. It benefits from its proximity to major transportation routes like Route 1 and the Maine Turnpike, facilitating easy access to a variety of local attractions. The property benefits from nearby demand drivers, including Old Orchard Beach, Funtown Splashtown USA, and Aquaboggan Water Park. The vibrant scenes of Portland, Saco, and Biddeford, with their array of restaurants, shops, and cultural sites, are easily accessible from the property. Whether for business or leisure, The Inn stands out as a uniquely positioned lodging establishment to accommodate a variety of needs.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 18 $135.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SACO-000034-000099
Land Assessment
$339,800
Improvements Assessment
$734,200
Total Assessment
$1,074,000
  • Listing ID: 35203936

  • Date on Market: 3/20/2025

  • Last Updated:

  • Address: 21 Ocean Park Rd, Saco, ME 04072

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