1931 US-Route 1 Rt 1York, ME 03909MLS Number 1430255

  • Sale Price: $510,000
  • 26 Days Since Sale
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Federal 30-year interest rate: 3.68% last updated on Dec 5, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1.75Acreage
  • 1959Year Built
  • ClosedListing Status
  • 100Map

Driving Directions

Exciting little motel opportunity with high volume traffic count and visibility. This 9 unit Inn boasts route 1 location and sits on the York/Ogunquit line. You cannot travel north into Ogunquit without passing this quaint little Inn. This property has a substantial lease in place for the next 2 years and yields a solid return for any buyer. This is a golden opportunity with generous cap rate already in place, day one! Call listing broker for more info. A signed NDA will be required for additional financials and documentation requests.

Listed by Keller Williams Coastal Realty

Listing Sold by Keller Williams Coastal Realty

More Info

Location Information

  • Building Number1931
  • StreetUS-Route 1 Rt 1

Building

  • Stories1
  • Year Built1959
  • Building ConstructionWood Frame
  • RoofShingle

Utilities

  • ElectricUnknown

Property Information

  • Property UsesHotel/Motel

Other

  • Parking Spaces11 - 20 Spaces, Gravel, On Site, Other Parking, Paved
  • View Count2

Basic Information

  • List Price$527,900
  • MLS Number1430255
  • Address1931 US-Route 1 Rt 1
  • Broker NameKeller Williams Coastal Realty
  • Modification Date11/18/2019
  • Agent ID013267
  • Broker ID2073
  • Listing StatusClosed
  • Sale Date11/14/2019
  • Sale Price$510,000

Photos

  • Number of Photos23
  • Last Img Trans Date08/28/2019

Location

  • StateME
  • TownYork
  • Zip03909
  • LocationNear Shopping, Near Turnpike/Interstate
  • CountyYork
  • Map100
  • Road Frontage300

Property

  • Acreage1.75
  • Sq Ft Finished Total4165
  • Leased LandNo

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Betsy Ames-Fitzgerald, CRS Coldwell Banker Residental Brokerage
Betsy Ames-Fitzgerald, CRS Coldwell Banker Residental Brokerage
Office: 207.967.5558
183 Port Road
Lower Village
Kennebunk, ME 04043

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2019 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Sold on Betsy participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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