For Sale
$3,600,000

185 Main St Cornish, ME 04020

Profitable Maine Hospitality & Retail

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional mixed-use property at 185 Main Street, Cornish, Maine, presents a lucrative investment opportunity. The 20,032 square foot building, constructed in 2006 and renovated in 2010, sits on a 6.13-acre lot and is zoned CB - Commercial District. The first floor boasts fully leased retail space, encompassing a full-service restaurant, barber shop, hair salon, and a cannabis store. Additionally, a four-bay garage space is available for lease, offering further income potential. The second floor comprises ten lodging rooms, each with a private bathroom and amenities, providing a steady stream of revenue from the hospitality sector. The property includes a 1.38-acre developable lot, capable of supporting a building up to 15,000 square feet, which can be purchased separately for $235,000. This presents significant expansion possibilities for the existing business or allows for the development of additional income-generating ventures. The property's prime location in Cornish, York County, Maine (04020), offers excellent visibility and accessibility. The asking price for this turnkey operation is $3,600,000. This is a rare chance to acquire a well-established, multi-faceted business with substantial growth potential. The property features one two-story building with ten keys. The APN is Map U06, Lot 009, and ownership is held by Country Home, LLC.

Highlights

  • 20,032 SF building on a 6.13-acre lot.
  • Fully leased first-floor retail space, including a restaurant, barber shop, hair salon, and cannabis dispensary.
  • Four-bay garage space available for lease on the first floor.
  • Second floor contains ten lodging rooms with private bathrooms and amenities.
  • Includes a 1.38-acre developable lot suitable for up to a 15,000 SF building, separately sellable for $235,000.

Property Details for 185 Main St

Property type
Retail properties, Restaurants
Square Feet
20,032 SF
Year Built/Renovated
2006/2010
Buildings
1
Stories
2
Lot Size (sq. ft)
267,023 SF

Location Insight

City
Cornish
County
York
State
Maine
Latitude
43.800793430999
Longitude
-70.787630167676

FAQs

What type of property is this?
Retail property - Profitable Maine Hospitality & Retail
Where is the retail property located?
The property is located at 185 Main St Cornish, ME.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 20,032 SF building on a 6.13-acre lot.; Fully leased first-floor retail space, including a restaurant, barber shop, hair salon, and cannabis dispensary.; Four-bay garage space available for lease on the first floor.
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.
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185 Main St
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