380 Us-1Kittery, ME 03904

Property Details for 380 Us-1

Lot size

2.50 AC

Property size (Sq ft)

22,856 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional 43-key hotel in Kittery, Maine, presents a lucrative investment opportunity. Boasting 22,856 square feet on a 2.5-acre lot, the property features well-appointed guest rooms and suites, ranging from singles to doubles. All rooms access an interior corridor and lobby, with first-floor rooms offering dual interior and exterior entries. A spacious multi-function room, currently used for storage, offers potential conversion to a game room or business center. The property also includes a heated outdoor Gunite swimming pool. Its prime location, steps from the Kittery Outlets (120 retailers) and a short drive (20 minutes) from Ogunquit beaches, Nubble Lighthouse, and Fort Foster, ensures high occupancy rates. The hotel benefits from Rural R-RL zoning and strong curb appeal, making it a highly desirable destination. The asking price is $5,490,000. This well-established inn combines classic New England charm with comfortable accommodations, presenting significant potential for growth and return on investment. The property's central location within Kittery makes it a convenient base for exploring the region's many attractions.

Location Insight

City

Kittery

County

York

State

Maine

Latitude

43.1176

Longitude

-70.7257

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