Southern Maine Inn 773 Post Rd 17 Room Hotel Wells, ME 04090 $2,090,000 ($122,941/Room)
INVESTMENT HIGHLIGHTS
- 17 Keys, including traditional guest rooms and private cottages
- Single one-bedroom apartment - Employee Housing
- Heated Pool
- Seven Cottages - Four single rooms, 2-one bedroom, 1-two bedroom / Motel Rooms - Four efficiency rooms, Five standard rooms, 1-roo
- Manager’s Apartment
- Guest grills and common areas on beautifully landscaped grounds
PROPERTY FACTS
| Price | $2,090,000 |
| Price Per Room | $122,941 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.90 AC |
| Building Size | 12,482 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built/Renovated | 1883/1988 |
| Tenancy | Single |
| Parking Ratio | 1.6/1,000 SF |
| Corridor | Exterior |
| Zoning | GB |
AMENITIES
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ABOUT 773 POST RD , WELLS, ME 04090
Southern Maine Coastal Inn is ideally situated on the heavily traveled US Route 1 corridor. This lodging facility, just a short drive to the beach, features 17 keys of varied guest rooms and private cottages, accommodating a diverse range of guests’ needs. The property has a a one bed-room apartment and a separate residence with two bedrooms, two baths, a full kitchen, and a living room ideal for onsite managers or owner. The hotel is well-positioned to benefit from the local tourism market and attractions in Southern Maine. This investment property represents an opportunity to own a well-established lodging facility with upside potential in one of Maine’s most desirable vacation areas.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $269.00 | - |
| Guest Room | 10 | $209.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | WLLS-000117-000000-000053 | Improvements Assessment | $946,820 |
| Land Assessment | $452,780 | Total Assessment | $1,399,600 |
