441 Newburgh RdHermon, ME 04401
- Sports & entertainment properties
- 8,500 SF
Property Details for 441 Newburgh Rd
- Year built
- 2005
- Lot size
- 69.62 AC
- Property size (Sq ft)
- 8,500 SF
- Property type
- Sports & entertainment properties
- Property subtype
- Other specialty properties
Description
This exceptional turnkey ski resort, Hermon Mountain Ski Area, presents a unique investment opportunity. Located on 69.62 acres in Hermon, Maine (Penobscot County, zip code 04401), this established business boasts 8,500 square feet of main lodge space built in 2005, featuring a rental shop, snack bar and kitchen, open seating area, and ski school space. A partially finished second floor offers expansion potential, currently including a bedroom and bathroom. The lodge includes radiant heat, an alarm system, and ample office/crew lounge space. The property includes two lifts servicing 20 marked trails, a half-pipe, a 600-foot tubing park, and 100% snowmaking coverage thanks to a dedicated pump house on Hermon Pond. The resort benefits from a strong National Ski Patrol program and caters to both novice and expert skiers. The property also features a communications tower with potential for additional lease income, and a side access road leading to the summit, opening possibilities for future development, such as residential lots, condos, or an events venue. The existing infrastructure includes a large generator for snowmaking, and recent upgrades such as a new chairlift and pump house equipment. The asking price is $3,500,000, with a price per square foot of $411.76. The property is zoned Agr/Forest and has a 24-foot ceiling height in the main lodge. The current owners are retiring after 30 years of operation, presenting a rare chance to acquire a well-established and profitable ski resort with significant expansion potential. Extensive equipment and inventory are included in the sale. Enjoy breathtaking views of Mt. Katahdin from the summit.
Location Insight
- City
- Hermon
- County
- Penobscot
- State
- Maine
- Latitude
- 44.7808
- Longitude
- -68.9573
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