439 Gore Rd - Residential Income FOR SALE


Otisfield, ME 04270 | 
$3,400,000 USD
207-544-4100
439 Gore Rd, Otisfield, ME for Sale
$3,400,000 USD
Residential Income - FOR SALE
1/32
null | 7.67% Cap Rate

439 Gore Rd
Otisfield, ME 04270


OVERVIEW

Newly constructed (2023) wedding and event venue with outdoor pavilion and accommodation for eight (8) guests. Situated on 47.27± acres with potential for residential subdivision with Planning Board approval (2-acre lot minimum). 6.7-mile drive to Oxford Casino Hotel (107 rooms) and Hampton Inn (93 rooms). Strong existing business with potential for expansion through ancillary events and additional marketing. Financials available. All FF&E included in sale price.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

7.67%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Construction Wedding Venue on 47+ Acres

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Religious Facility

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

47.27 AC

LAND SF

2,059,081 SF

ZONING

Residential/Subdivision

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

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

Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

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