121 E Main St - Hospitality FOR SALE


Searsport, ME 04974
$2,595,000 USD
617-904-8029
121 E Main St, Searsport, ME for Sale
$2,595,000 USD
Hospitality - FOR SALE
1/12
null | 5.4% Cap Rate

121 E Main St
Searsport, ME 04974


OVERVIEW

The estate was converted into an Inn and Tavern in the 1960's after being a single-family home for over a century and has been operating as such until current date. However, the property could easily be converted back into a private residence. The estate, listed on the Historic National Register offers 14 bedrooms and 10 full bathrooms with 3 additional half baths sitting on 1.45 acres of manicured gardens and park. In addition is a fully service bar and restaurant licensed for 102 seats indoor and outdoor seats with lice entertainment licenses Currently, The Homeport Inn and Tavern, which underwent a 1M+ renovation in 2022, is a beautifully preserved reminder of the early times in Down East Maine.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$158 USD /SF

# OF ROOMS

13

PRICE/ROOM

$199,615 {currency}

CAP RATE

5.4%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Homeport Inn and Tavern

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1865

PARKING SPACES

7

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,675 SF

ZONING

R-2

APN/PARCEL ID

SEAP-000011-000000-000002-000001

ASK ABOUT THIS PROPERTY

Arnaud LessardHomeport Inn and TavernMore Info
617-904-8029

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Arnaud LessardHomeport Inn and TavernMore Info
617-904-8029

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.