67 Atlantic Hwy - Hospitality FOR SALE


Lincolnville, ME 04849
$5,700,000 USD
207-773-4222
67 Atlantic Hwy, Lincolnville, ME for Sale
$5,700,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

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67 Atlantic Hwy
Lincolnville, ME 04849


HIGHLIGHTS

  • 40 Cabins
  • Situated across a scenic 122-acre campus-like setting
  • Supported by a large main guest services building which includes, gym, co-working space, guest laundry, conference and event space
  • Supported by a main guest services building
  • Features a commercial laundry facility
  • Full Turf Soccer Field

OVERVIEW

Point Lookout is a substantial Midcoast lodging resort property featuring 40 cabins situated across a scenic 122±-acre campus-like setting, and a variety of existing guest amenities and recreational amenities. The operation is supported by a main guest services building, commercial laundry, recreation areas, storage facilities, hiking trails, and a turf sports field. The property provides a flexible foundation for continued lodging operations, expanded hospitality use, group retreats, events, and recreation-based programming, as well as future repositioning and development. With its substantial land area, existing lodging inventory, supporting infrastructure, and access to Midcoast Maine’s strong leisure and recreation demand, this is a rare opportunity for an experienced lodging operator, investor, developer, or retreat-focused buyer to acquire a sizeable and versatile investment asset in one of Maine’s most desirable coastal regions.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$31 USD /SF

# OF ROOMS

40

PRICE/ROOM

$142,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Point Lookout

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2012

PARKING SPACES

184

LAND DETAILS

LAND ACRES

122 AC

LAND SF

5,314,320 SF

ZONING

-

APN/PARCEL ID

-

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 Notice.