393 Bath RdBrunswick, ME 04011

Property Details for 393 Bath Rd

Year built

1900

Lot size

14.00 AC

Property size (Sq ft)

1,966 SF

Property type

Investment properties

Property subtype

Live-work space

APN

BRUN M:046 L:011

APU

BRUNM046L011

Description

This exceptional 14-acre mixed-use property in Brunswick, ME, presents a lucrative investment opportunity. Located on Bath Road, between Cooks Corner and Bath, this high-traffic location boasts 22 units currently operating as a licensed motel. The property includes a two-unit main house, a three-unit building, a single-family home, and a storage/workshop building, in addition to eight motel-style units. A significant portion of the property features expansive lawns and a small pond, offering a tranquil country setting despite its convenient location. Extensive renovations have been completed on the exteriors of all buildings, with the majority of interiors also updated, including furnishings, plumbing, and electrical systems. The property currently generates positive cash flow from a mix of weekly and monthly tenants. A wooded area on the property offers the potential to construct an additional single-family home, while the ample land provides significant opportunity for expansion of the motel units. This property is ideal for both seasoned commercial investors seeking a strong return and entrepreneurs looking to establish or expand their business. The existing infrastructure and recent renovations minimize immediate capital expenditures, allowing for a quick return on investment. Serious inquiries only

• CAP approach

  CAP return

  Valuation

  6%

  $325,039

  6.5%

  $300,036

  7%

  $278,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,878

  Geo Method

  $256,878

• Alternative Use

  Use

  Valuation

  Residential

  $372,044

  Hospitality

  $340,790

  Educational

  $283,534

  Medical

  $293,285

  Retail

  $441,052

Location Insight

City

Brunswick

County

Cumberland

State

Maine

Latitude

43.9132

Longitude

-69.8808

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].