24 Harris Point Rd - Hospitality FOR SALE


Eastport, ME 04631
$1,900,000 USD
207-352-0279
24 Harris Point Rd, Eastport, ME for Sale
$1,900,000 USD
Hospitality - FOR SALE
1/69
null | Request Cap Rate

24 Harris Point Rd
Eastport, ME 04631


HIGHLIGHTS

  • 3.98-Acre Private Waterfront Peninsula
  • 1,500'± Deep-Water Ocean Frontage
  • 10 Cabins, 8 Motel Units & 14 RV Sites
  • Private Deep-Water Dock
  • Significant Value-Add & Expansion Potential
  • Wedding & Retreat Venue Opportunity

OVERVIEW

Harris Point Shore Cabins presents a rare opportunity to acquire an irreplaceable waterfront hospitality asset on approximately 3.98 acres overlooking Passamaquoddy Bay in Downeast Maine. Situated on a private peninsula with approximately 1,500 feet of deep-water ocean frontage, the property offers panoramic water views, a private dock, and a diverse mix of lodging accommodations. The property currently includes 10 waterfront cabins, 8 motel-style guest rooms, 14 full-hookup RV sites, a 3-bedroom owner's residence with office and attached two-car garage, a large two-story barn, guest shower facilities, and extensive existing hospitality infrastructure. Historically operated as a highly seasonal, family-owned business, the property has significant upside potential through operational modernization, expanded marketing, online booking implementation, OTA distribution, revenue management, guest amenity enhancements, and extension of the operating season. The expansive waterfront setting and existing lodging inventory also create compelling opportunities for weddings, retreats, group events, corporate gatherings, and experiential travel offerings. Additionally, future ownership may explore expansion of accommodations, redevelopment of portions of the site, or repositioning as a boutique waterfront resort, private compound, or legacy estate property. Located minutes from downtown Eastport, Maine—the easternmost city in the United States—the property benefits from growing tourism demand, increasing cruise ship activity, limited competitive lodging supply, and strong long-term appeal as one of New England's most unique coastal destinations.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$174 USD /SF

# OF ROOMS

18

PRICE/ROOM

$105,556 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harris Point Shore Cabins & Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.98 AC

LAND SF

173,369 SF

ZONING

B

APN/PARCEL ID

EPRT-000006G-A000003-000001

ASK ABOUT THIS PROPERTY

Josh PrettymaneXp RealtyMore Info
207-352-0279

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Josh PrettymaneXp RealtyMore Info
207-352-0279

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