146 State Route 32 - Hospitality FOR SALE


New Harbor, ME 04554
$3,750,000 USD
207-706-6294
146 State Route 32, New Harbor, ME for Sale
$3,750,000 USD
Hospitality - FOR SALE
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146 State Route 32
New Harbor, ME 04554


HIGHLIGHTS

  • Ten private guest rooms, several with balconies. Most rooms have good views across the street to the harbor.
  • Owner’s suite with three bedrooms and two baths.
  • Lobby, office space, staff lounge, and an enclosed sunporch on the waterside of the inn is setup for dining.
  • Additional buildings include several cottages.
  • A substantial pier with a ramp and float on New Harbor.
  • Harbor views.

OVERVIEW

The Gosnold Arms is a classic Maine inn on New Harbor with a total of 5.56± acres, 218± feet of frontage on the harbor, and very good views of New Harbor and out to Muscongus Bay. The property includes the historic inn with ten private guest rooms, an owner’s suite, charming public spaces, and potential restaurant space. There are a number of additional multi-unit guest cottages; two cottages (5 units) are located at the water’s edge, the others are tucked into the hillside behind the inn in a semi-private wooded setting. The entire property would be suitable for continued commercial use, or it could be converted back to a single-family residence or family compound. The property also has a substantial pier with a ramp and float on New Harbor. Dating back to the 1850s, the Gosnold Arms began as a 19th-century farmstead owned and operated by the Danforth family. The property featured a classic farmhouse, a large barn, and scenic farmland with views over the bustling harbor. The charming pier cottage was originally the Pilot House for the Steamship Authority, welcoming summer visitors arriving by boat from the city. Named after Bartholomew Gosnold, an explorer from the early 1600s who played an important role in establishing trade routes for England, the building has been operated as a beloved inn since 1925, and by the current family since 1978.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$251 USD /SF

# OF ROOMS

30

PRICE/ROOM

$125,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gosnold Arms

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1850

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.56 AC

LAND SF

242,194 SF

ZONING

Village

APN/PARCEL ID

BRIL-000020-000000-000026

ASK ABOUT THIS PROPERTY

Joseph SortwellLandVestMore Info
207-706-6294

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Joseph SortwellLandVestMore Info
207-706-6294

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