650 Main
Property Description:
this recently renovated 20-room motel offers a compelling investment opportunity in the growing hospitality market of Saco, Maine.
Set on 0.93 of acre, the property features bright, modern, and stylish guest accommodations designed to provide comfort and convenience for travelers. In addition to the guest rooms, the property includes two office spaces and a private owner’s suite, making it ideal for an owner-operator or professional management.
Positioned in a high-visibility, high-traffic corridor, the motel benefits from a strategic location with easy access to local attractions, nearby beaches, and major travel routes. On-site amenities enhance the guest experience while supporting strong occupancy potential.
The generous lot size also presents future development potential, with room to add additional structure or units or expand operations–offering investors the opportunity to further increase revenue and maximize returns.
Buyers are encouraged to perform their own due diligence regarding development possibilities and local zoning requirements.
Whether you’re seeking a turn-key hospitality investment or a property with expansion upside, this well-located and renovated motel presents a rare opportunity in the Southern Maine market.
Price:
$2,650,000Get more info:
| Address: 650 Main Street | City: Saco | |
| State: ME | Building Area Total: 11688 | |
Home Features
| Basement: Walk-Out Access, Sump Pump, Unfinished | Construction Materials: Vinyl Siding, Wood Frame |
| Cooling: Window Unit(s) | Flooring: Carpet |
| Foundation Details: Block | Heating: Hot Water, Baseboard |
| Lot Size Square Feet: 40510.8 | Parking Features: 21+ Spaces, On Site, Paved |
| Roof: Shingle | Sewer: Public Sewer |
| Water Source: Public | Year Built: 1955 | List Office Name: American Real Estate |

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
Hasseland
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