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2372 Atlantic Highway, Lincolnville, ME 04849

$985,000
Property Type: Commercial Square Footage: 3,400 Lot Size (sq. ft.): 174,240 Status: Active
Current Price: $985,000 List Date: 2/08/2024 Last Modified: 2/08/2024

Description

Unique opportunity to own a 4 +/- acre park-like, income producing property in the heart of mid-coast Maine with captivating Penobscot Bay water views. Located between Belfast and Camden on Atlantic Highway in the town of Lincolnville, it is just .5 miles to Lincolnville Beach and minutes to Camden Hills State Park. This one-of-a-kind property features a four season 1865 Farmhouse home with a detached 3 car garage and an additional 2 B/R income producing apartment. Attached to the home is a large laundry area, a small Bistro which includes a commercial kitchen and breakfast seating area for guests as well as a small office/storage area. The beautifully landscaped property is partially wooded with an expansive lawn area, a lovely flowing stream and picnic areas with tables and room for a BBQ grill. The 11 cottages, 9 motel rooms and apartment are fully furnished offering a potential buyer a turnkey operation. Some of the cottages offer kitchenettes and all cottages and motel rooms have a/c and portable heaters. There is a mostly cleared 1 +/- acre lot in the rear of the property offering more revenue producing possibilities. If you have ever thought about living and owning a business in coastal Maine, this is your opportunity!

Supplements: ********

More Information MLS# 1581893

Location Information

Street #: 2372 Street Name: Atlantic Street Type: Highway County: Waldo Town: Lincolnville State/Province: ME Zip Code: 04849 Zip +4: 5336 Leased Land: No Book: 3435 Page: 332 Map: 14 Lot: 12 Zoning: Mixed Use Zoning Overlay: No Full Tax Amount $: 7398 Tax Year: 2022 Association Y/N: No Geo Lat: 44.2739 Geo Lon: -69.014268

Contract Information

Status: Active Original List Price: 985000 List Price: $985,000 Current Price: $985,000

Property Information

Primary Use: General Commercial Surveyed: No Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed Restrictions: Unknown SqFt Finished Total: 3400 Lot Size Acres +/-: 4

Compensation & Misc Info

Buyer Agency: 2.4 Buyer Agency Type: %

Water Info

Water View: Yes Water Body Name: Penobscot Bay

Utilities

Utilities On: Yes

Property Features

Location: Rural; Water View Construction: Wood Frame Property Uses: Hotel/Motel Parking: 1 - 4 Spaces; Garage Electric: Circuit Breakers Gas: Bottled Sewer: Septic Existing on Site Water: Well Existing on Site
Listing Office: Realty of Maine
Last Updated: February - 08 - 2024
2372 Atlantic Highway, Lincolnville, ME 04849- MLS# 1581893
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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