360 Commercial St - Hospitality FOR SALE


Rockport, ME 04856
$1,495,000 USD
207-772-1333
360 Commercial St, Rockport, ME for Sale
$1,495,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

360 Commercial St
Rockport, ME 04856


OVERVIEW

The Starlight Lodge at Rockport Harbor is a turnkey hospitality property that has undergone extensive capital renovations in recent years and is ready for new ownership to expand upon the existing business. The property consists of 15 unique and well-appointed guest rooms, a three-bedroom owner’s residence with a large kitchen with potential for commissary use, a heated inground pool, and multiple outbuildings for storage and further development. Capturing a cool 1950s roadside motel aesthetic, the retro-inspired decor and finishes set it apart from its competitive set and provide a strong base for a new owner to capitalize on additional branding and marketing efforts. Set along Route 1 in Rockport, the property offers easy access to downtown Camden and Rockport shopping, restaurants, and harbors, Rockland Harbor and its ferries and festivals, Mount Battie in Camden Hills State Park, various lakes/hiking/golf/lighthouses, as well as proximity to road trippers and families visiting Acadia National Park (1 hour 40 min).

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$245 USD /SF

# OF ROOMS

15

PRICE/ROOM

$99,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starlight Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

906

APN/PARCEL ID

ROCT-000020-000000-000173

ASK ABOUT THIS PROPERTY

Roy DonnellyThe Boulos CompanyMore Info
207-772-1333

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Roy DonnellyThe Boulos CompanyMore Info
207-772-1333

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