279 Harrison Rd - Hospitality FOR SALE


Norway, ME 04268
$750,000 USD
207-773-4222
279 Harrison Rd, Norway, ME for Sale
$750,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

279 Harrison Rd
Norway, ME 04268


HIGHLIGHTS

  • Property includes four original cottages—Young, Ross, McLeod, and MacIntyre
  • Additional structures include an office/storeroom and two well houses, supporting streamlined operations.
  • Within 30 minutes to Sunday River Resort, Shawnee Peak Ski Area, and Mt Abram ski area.
  • Close to area attractions including Norway Lake, Norway Country Club, downtown shops/restaurants, hiking trails & yr round recreational opportunities

OVERVIEW

Hillside Cottages is a collection of free-standing structures that combine the best of lodging and camping for a unique vacation experience. The property and facility are well-maintained for travelers seeking a memorable getaway and are conveniently located near the town of Norway, a four-season destination renowned for its lakes, mountains, and outdoor recreation. The property includes four original, freestanding cottages (Young, Ross, MacLeod, and MacIntyre), one modern lodging pod (Munro), and a seasonal travel trailer (Arran) situated on a site ready for a future pod or another cottage. Additionally, the property offers expansion potential of up to 12 units, subject to town approval. With a strong reputation and a loyal customer base, Hillside Cottages offers both immediate income potential and long-term upside in one of Western Maine’s most charming small towns.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$0.75 USD /SF

# OF ROOMS

6

PRICE/ROOM

$125,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

-

YEAR BUILT

2002

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.74 AC

LAND SF

293,594 SF

ZONING

Commercial

APN/PARCEL ID

NORY-000002-000000-000049-B000000

ASK ABOUT THIS PROPERTY

Roger DaigleDaigle Commercial Group IncMore Info
207-773-4222

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Roger DaigleDaigle Commercial Group IncMore Info
207-773-4222

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