Bucksport, ME 04416,196 US-1
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Bucksport, ME 04416,196 US-1
Bucksport, ME 04416,196 US-1
Bucksport, ME 04416,196 US-1
Bucksport, ME 04416,196 US-1
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Listed by Two Rivers Realty, LLC • tworiversdougb@gmail.com
$ 1,500,000
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Pending

196 US-1 Bucksport, ME 04416

18,044 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Investment

Listing Status Pending

Square Footage 18,044 sqft

MLS Listing ID 1595472

HOA Y/N No

Originating Board Maine Listings

Year Built 1960

Annual Tax Amount $11,832

Tax Year 2023

Lot Size 9.050 Acres

Acres 9.05

Property Sub-Type Investment

Property Description

Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use.

Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns.

Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular.

Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!

Location

State ME

County Hancock

Zoning Commercial

Rooms

Basement Dirt Floor, Unfinished

Interior

Heating Other, Hot Water, Baseboard

Cooling None

Flooring Wood, Laminate, Carpet

Equipment Cable

Exterior

Parking Features 21+ Spaces, Off Site, On Site, Paved

Utilities Available 1

Waterfront Description Bay

View Y/N No

Roof Type Metal

Garage Yes

Building

Lot Description Water View, Downtown, Near Shopping

Story 2

Foundation Block, Other

Sewer Public Sewer

Water Public

Structure Type Composition,Wood Frame

Others

Energy Description Electric, Gas Bottled


Maine MLS (MREIS) IDX
agent

The Scoville Foley Team

+1(207) 885-0500

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196 US-1