1887 Hallowell Rd - Hospitality FOR SALE


Litchfield, ME 04350
$1,200,000 USD
207-530-2708
1887 Hallowell Rd, Litchfield, ME for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

1887 Hallowell Rd
Litchfield, ME 04350


OVERVIEW

An exceptional opportunity to operate this beautiful estate as a Bed & Breakfast, restaurant and bar, pub, event center, or similar venture. The main section of the brick Federal-style home features 6 bedrooms, each with its own full bathroom, along with 6 fireplaces, a sunroom, kitchen, dining room, parlor, and office. A patio and in-ground pool sit just off the side of the home. Attached to the main residence is a 1-bedroom apartment. Numerous recent upgrades under existing ownership, including freshened landscaping, heat pump upgrades, domestic water heaters, furnace, water treatment systems, and structural bolstering of the restaurant space, to name a few. The adjoining barn houses a commercial-grade kitchen, restaurant and bar, and bathrooms on the first level, with additional seating in the room above. Out back you'll find the pub/barroom. The first-floor and second-floor dining areas each accommodate 125 people. Additional highlights include a sprinkler system, a rear deck overlooking the yard and pond, and a large parking area. Many of the major systems have been updated in recent years.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$129 USD /SF

# OF ROOMS

6

PRICE/ROOM

$200,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Litchfield Bed & Breakfast, Event Space Venue

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1808

PARKING SPACES

7

LAND DETAILS

LAND ACRES

3.7 AC

LAND SF

161,172 SF

ZONING

C

APN/PARCEL ID

LITD-000016U-000000-000007

ASK ABOUT THIS PROPERTY

207-530-2708

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207-530-2708

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