2372 Atlantic Highway Lincolnville, ME

$885,000
Square Footage 3,400
Acres 4.00
Photo of 2372 Atlantic Highway Lincolnville ME 04849




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!


Listed by Realty of Maine, Richard Butler 207-338-6800

Details

MLS 1581893
Status Pending
Price $885,000
DOM 346 days
Type Commercial
Square Feet 3,400 sqft
Lot Size 4.00 acres
Taxes Paid $7,398

Lot & Building Features

Tax Year 2022
Taxes Paid $7,398

Map

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Financing

$
20%
0.83593220338983%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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