For Sale
$695,000

1041 Us-201Caratunk, ME 04925

Profitable B&B, 14 Beds, 7 Acres

Overview

Added:
Dec 11, 2024
Days on market:
113
This meticulously maintained, profitable bed and breakfast inn, built in 1816 and extensively renovated, presents a rare investment opportunity. Located in Caratunk, Maine, on 7 acres, this three-story, three-building property boasts 7,000 square feet and offers 14 guest rooms with 6 guest bathrooms. Owner's quarters with a private bath and a third-floor staff room are included. The inn is ideally situated approximately one mile from the Appalachian Trail, providing a convenient stop for hikers. Its proximity to the Kennebec and Dead Rivers, popular for whitewater rafting, and various outdoor recreational opportunities, including ATV and snowmobile trails, ensures a consistent stream of guests. A public boat launch on Wyman Lake is just half a mile away. The sale includes extensive personal property and equipment, allowing for seamless business continuation after purchase. The inn has been a vibrant and profitable business, offering a unique blend of history, comfort, and outdoor adventure. This is a turnkey operation with significant potential for continued growth and success. The asking price is $695,000.

Highlights

  • $695,000 asking price for this hospitality investment opportunity.
  • 7,000 square feet, offering 14 beds across three buildings on a 7-acre lot.
  • Historic 1816 Inn, extensively renovated in the 1990s and updated since 2012.
  • Located in Caratunk, ME, near the Appalachian Trail, Kennebec River, and various outdoor recreational activities.
  • Fee simple ownership.

Property Details for 1041 Us-201

Property type
Hospitality properties, Hotels
Square Feet
7,000 SF
Year Built/Renovated
1816/5
Buildings
3
Stories
3
Lot Size (sq. ft)
304,920 SF

Location Insight

City
Caratunk
County
Somerset
State
Maine
Latitude
45.219185088253
Longitude
-69.987908686956
1041 Us-201, Caratunk, Maine

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1041 Us-201
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message