This Property is no longer advertised on Showcase.com.
Off Market
1/23

740 Central St
Millinocket, ME 04462


HIGHLIGHTS

  • 77 guest rooms & suites, offering scenic views for leisure or business travel
  • Indoor heated pool and hot tub; billiards; game room; fitness center
  • Versatile meeting & event spaces for weddings, corporate retreats, and special events.
  • Conveniently located near Baxter State Park, home of the majestic Mount Katahdin.
  • Easy access to renowned hiking trails, fishing spots, and snowmobiling routes.
  • Great upside potential! Current management is offsite & dependent on staff

OVERVIEW

Muroff Hospitality Group is proud to exclusively present the sale of the Katahdin Inn & Suites. Located in Millinocket, Maine, the gateway to Mount Katahdin and Baxter State Park, this property offers a prime investment opportunity in a premier outdoor destination. Renowned for its scenic beauty and recreational opportunities, Millinocket attracts outdoor enthusiasts year-round, ensuring steady demand for lodging. The inn’s recent renovations, strategic location along a primary route, and proximity to outdoor attractions such as hiking, fishing, moose tours, and snowmobiling routes provide significant revenue potential. With ample on-site amenities and minimal local competition, Katahdin Inn & Suites represents an excellent investment in Maine's thriving outdoor tourism market.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

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BUILDING DETAILS

PROPERTY NAME

Katahdin Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

63305

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

48

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

HC

APN/PARCEL ID

MLNK-000010-000092-000001U