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The Lucerne Inn 2517 Main Rd 30 Room Hotel Dedham, ME 04429 $3,650,000 ($121,667/Room)

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INVESTMENT HIGHLIGHTS

  • The Lucerne Inn features 30 guestrooms with antique furnishings, waterside views, individual fireplaces, and private baths – many with whirlpools.
  • On-site amenities and features include a premier, 120-seat restaurant, Rian's Pub & Deck for casual fare, a seasonal outdoor pool, and lakeside views.
  • Guests enjoy a quintessential New England experience in a scenic setting directly adjacent to the Lucerne Golf Course near hiking and Phillips Lake.
  • Well-landscaped grounds, multiple banquet rooms, and ample parking make this an ideal choice for weddings, corporate events, and large groups.
  • Situated on approximately 11 acres with substantial Route 1A frontage, en route to Bar Harbor and "Down East" stops within 20 minutes of Bangor.

EXECUTIVE SUMMARY

Seize this rare opportunity to secure one of Maine's truly spectacular inn-resorts with an unmatched reputation as the region's premier lodging, dining, and wedding venue. Very few hotels capture New England's spirit, charm, and romance quite like The Lucerne Inn. A quaint, 200-year-old inn tucked into the scenic hills near the Maine coast, framed by Colonial clapboard architecture, Phillips Lake views, and spectacular year-round scenery.

On approximately 11 acres en route to Bar Harbor and Acadia National Park, this 30-guestroom setting features period furniture and artwork throughout. It also offers amenities like fine dining at The Lucerne Inn Restaurant, pub-style comfort food at the casual Rian's Pub & Deck, and a seasonal outdoor pool. Well-landscaped grounds and the on-site banquet rooms make this an ideal choice for weddings, parties, corporate functions, and groups of all sizes. Guests receive a truly one-of-a-kind hospitality experience steeped in the essence of Maine.

Tucked away in the serene forests of Hancock County, Dedham, Maine, is a picturesque town just outside of Bangor. The Lucerne Inn offers substantial Route 1A frontage, excellent visibility, and ample on-site paved parking. Neighboring points of interest include the adjacent 9-hole Lucerne Golf Course, the Sunset Rock hiking area, and Phillips Lake. As of April 2024, the median household income in Dedham, Maine, was approximately $89,844, which is about 1.3 times the median household income for Maine as a whole.

PROPERTY FACTS

Price $3,650,000
Price Per Room $121,667
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 11.00 AC
Building Size 33,820 SF
No. Rooms 30
No. Stories 3
Year Built/Renovated 1818/2024
Parking Ratio 2.31/1,000 SF
Corridor Interior
Zoning C2 - Commercial

AMENITIES

  • Balcony
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Golf Course
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Bed & Breakfast
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Multi-Room Suites
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 3 $214.00 -
Guest Room 27 $166.00 -
  • Listing ID: 33161828

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 2517 Main Rd, Dedham, ME 04429

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