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52 Medway Road

Millinocket, ME 04462
  • $499,000
  • STATUS: Active
  • MLS #: 1559589
$499,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,680
    SQFT
Type:
Commercial
Built:
1987
County:
Area:

School Ratings & Info

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Description

Introducing an incredible opportunity in the heart of Millinocket! This exceptional property showcases a charming restaurant & an 11-room inn, offering endless possibilities for aspiring entrepreneurs or seasoned investors. This iconic local landmark has been a successful restaurant & hotel operation since 1987. With numerous kitchen & efficiency upgrades, a full basement, & all furniture & equipment included, this property is ready to fulfill your hospitality dreams. The restaurant boasts a well-appointed kitchen, thoughtfully designed to meet the demands of a bustling culinary operation. Featuring a range of modern kitchen upgrades, including top-of-the-line appliances, ample storage space, and efficient workflow configurations, this is a chef's paradise. Adjacent to the restaurant, the 11-room hotel provides a cozy & welcoming atmosphere for guests. Each room is tastefully furnished, offering a comfortable retreat for travelers. The hotel's efficient layout maximizes space utilization while ensuring privacy and relaxation. A notable feature of this property is the full basement, offering abundant storage space for supplies & inventory. This valuable asset provides ample room to support the needs of the restaurant & hotel operation, allowing for seamless day-to-day management. The sale of this property also includes all furniture & equipment, including an on-demand backup generator. This turnkey opportunity allows you to hit the ground running, instantly establishing your presence in the vibrant Millinocket community. Millinocket is renowned for its proximity to Baxter State Park, Mount Katahdin, & countless outdoor activities such as snowmobiling & hiking, which attract visitors throughout the year. Take advantage of the thriving tourism industry & the demand for quality accommodations & dining experiences. Don't miss out on this remarkable chance to embark on an exciting and rewarding venture in the heart of Maine's picturesque landscape!

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-04T23:50:00.4.
www.davidmarshallteam.com/homes/139762795
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52 Medway Road Millinocket, ME 04462

  • Price: $499,000
  • Status: Active
  • On Site: Days
  • MLS #: 1559589
0
Beds
0
Baths
0
½ Baths
1
Acres
7,680
SQFT
$65
$/SQFT
1987
Built
County:
Penobscot
Area:
Millinocket
Property Description
Introducing an incredible opportunity in the heart of Millinocket! This exceptional property showcases a charming restaurant & an 11-room inn, offering endless possibilities for aspiring entrepreneurs or seasoned investors. This iconic local landmark has been a successful restaurant & hotel operation since 1987. With numerous kitchen & efficiency upgrades, a full basement, & all furniture & equipment included, this property is ready to fulfill your hospitality dreams. The restaurant boasts a well-appointed kitchen, thoughtfully designed to meet the demands of a bustling culinary operation. Featuring a range of modern kitchen upgrades, including top-of-the-line appliances, ample storage space, and efficient workflow configurations, this is a chef's paradise. Adjacent to the restaurant, the 11-room hotel provides a cozy & welcoming atmosphere for guests. Each room is tastefully furnished, offering a comfortable retreat for travelers. The hotel's efficient layout maximizes space utilization while ensuring privacy and relaxation. A notable feature of this property is the full basement, offering abundant storage space for supplies & inventory. This valuable asset provides ample room to support the needs of the restaurant & hotel operation, allowing for seamless day-to-day management. The sale of this property also includes all furniture & equipment, including an on-demand backup generator. This turnkey opportunity allows you to hit the ground running, instantly establishing your presence in the vibrant Millinocket community. Millinocket is renowned for its proximity to Baxter State Park, Mount Katahdin, & countless outdoor activities such as snowmobiling & hiking, which attract visitors throughout the year. Take advantage of the thriving tourism industry & the demand for quality accommodations & dining experiences. Don't miss out on this remarkable chance to embark on an exciting and rewarding venture in the heart of Maine's picturesque landscape!
Exterior Features

Construction Materials Wood SidingWood Frame Foundation Details Concrete Perimeter Lot Features Near AirportNear ShoppingOther Parking 21+ SpacesOn SitePaved Parking Features 21+ SpacesOn SitePaved Roof Metal

Interior Features

Basement Walk-Out AccessFull Building Features GeneratorFire SystemSprinkler - Dry Carpet Floors YN Yes Cooling Central AirA/C Units Cooling YN Yes Flooring TileLaminateCarpet Heating Multi-ZonesHot WaterBaseboard Heating YN Yes Interior Features Storage Tile Floors YN Yes

Property Features

Association YN No Electric Generator HookupCircuit Breakers Gas Bottled YN Yes Heat Fuel Propane YN Yes Land Lease YN No Other Equipment Other EquipmentInternet Access AvailableCable Property Sub Type General Commercial Sewer Public Sewer Tax Annual Amount 7377.5 Tax Year 2022 Water Source Public Zoning NC

Maine Real Estate Information Systems logo Listing provided courtesy of NextHome NorthEast Realty: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-04T23:50:00.4.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.