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Property Address

549 Roosevelt Trail, Casco, ME  04015

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Property Details

Status
Pending
Type
Commercial
Year Built
1870
Heating
Baseboard
Approx Sq. Feet
6,416
Est. Taxes
$5,697
Current Use
Bed and Breakfast, Commercial, Hotel/Motel
Zoning
Commercial
Parking
11 - 20 Spaces
Levels
2
MLS#
1491407

Price History

7/19/2021 - $658,000
5/13/2021 - $680,000

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Reduced Price!

Original: $680,000

Reduction: 3.24%

$658,000

549 Roosevelt Trail, Casco, ME, Maine 04015. The Maplewood Inn & Motel is a charming New England country inn with a modernmotel located on 13 +/- acres in the heart of the Sebago Lake Region just 40 minutes from Portland, Maine. Comprised of 11 units (6 in the motel and 5 in the main building), the inn offers guests clean and spacious rooms of various sizes and configurations. Amenities include two breakfast rooms, a common living room, outdoor pool, guest laundry facility, owner's quarters, two offices with separate entrances that could easily be converted to a suite, and ample acreage for potential further development. There is also a 3-story barn used for storage, and a 40' x 40' building previously home to an arcade. Well-maintained, the property provides a new owner/operator the opportunity to focus on marketing and yield management to increase rates and revenue. In addition to traditional marketing efforts (Tripadvisor, etc.), the innbuilding lends itself nicely to group rentals through alternative listing sites, such asAirbnb and VRBO for weekly stays.

 
 

Listing courtesy of Keller Williams Realty