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945 Main St

Sanford, ME 04073

$799,000

Motel For Sale  •  10,414 Sq Ft

Property Details

  • Property Type Motel
  • Total Building Size 10,414 Sq Ft
  • Lot Size 2.17 ac
  • Building Class B
  • Year Built 1904
  • Cap Rate 12.52 %
  • Tenancy Multiple
  • Zoning DB
0 Transit Score
70 Walk Score

Description

Priced at $799,999
We are pleased to offer The Oakwood Motel for sale. The property consists of a 18-room motel and a 5 bedroom Main House/Inn. The home features oak floors, trim and molding, granite floors and walls in the kitchen. The motel rooms have been recently renovated including brand new tile and laminate floors!
Located in downtown Sanford (Main Street)

Property Flyers

Financial Summary

Cap Rate: 12.52 %

Amenities

  • Fireplace
  • Microwave
  • Flat Screen TVs

Public Transportation

AirportDriveWalkDistance
Portland International Jetport Airport 44 min - 31.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Mark Birmingham 207-232-0196 Coldwell Banker Commercial NRT
Mark Birmingham 207-232-0196 Coldwell Banker Commercial NRT