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Northeaster Motel 79 Old Post Rd 16 Room Hotel Kittery, ME 03904 $4,500,000 ($281,250/Room)
INVESTMENT HIGHLIGHTS
- High Traffic Location
- Frontage on 2 Roads
- Close to Portsmouth, NH
EXECUTIVE SUMMARY
Exceptional Development Opportunity in Kittery, Maine! Explore this prime 2-acre parcel at 79 Old Post Road, featuring unbeatable access from both Old Post Road and the Route One bypass. Located in a Commercial 3 zone, this site offers a myriad of possibilities for your vision, with a variety of allowed uses to meet diverse business needs. With easy access to I-95 and just 1 mile from Portsmouth, NH, this location is perfect for attracting traffic and clientele. Currently operating as a year-round motel consisting of an 11 room motel, 5 cottages and a 4 bedroom owner's quarters with adjacent office, the property is equipped with essential public water and sewer connections, making it ideal for redevelopment or continued hospitality operations. Don't miss the opportunity to capitalize on this strategic location within a thriving community.
PROPERTY FACTS
| Price | $4,500,000 | Lot Size | 2.00 AC |
| Price Per Room | $281,250 | Building Size | 5,638 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1945/1966 |
| Building Class | C | Corridor | Exterior |
| Zoning | C-3 - Commercial 3 Zoning | ||
| Price | $4,500,000 |
| Price Per Room | $281,250 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 5,638 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built/Renovated | 1945/1966 |
| Corridor | Exterior |
| Zoning | C-3 - Commercial 3 Zoning |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 16 | $119.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | KITT-000008-000000-000013 | Improvements Assessment | $470,800 |
| Land Assessment | $268,100 | Total Assessment | $738,900 |
PROPERTY TAXES
Parcel Number
KITT-000008-000000-000013
Land Assessment
$268,100
Improvements Assessment
$470,800
Total Assessment
$738,900
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Northeaster Motel | 79 Old Post Rd
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