393 Bath Road
$2,650,000
27
21
1
—
—
—
Description
Group Showing 11/12 at 3:15 PM! Attention commercial landlords and investors! The New Meadows Motel features 22 units on the high traffic road tucked back between the vibrant Cooks Corner and the growing city of Bath. This property spans 14 acres, hinting at future development or expansion opportunities, all the while preserving a country setting of expansive lawns and a small pond. This property is currently licensed as a motel and features a mix of weekly and monthly tenants. The main house is...Group Showing 11/12 at 3:15 PM! Attention commercial landlords and investors! The New Meadows Motel features 22 units on the high traffic road tucked back between the vibrant Cooks Corner and the growing city of Bath. This property spans 14 acres, hinting at future development or expansion opportunities, all the while preserving a country setting of expansive lawns and a small pond. This property is currently licensed as a motel and features a mix of weekly and monthly tenants. The main house is a two unit, there is a 3 unit, a single family home, a storage/workshop building, and then 8 motel style units. The property has had extensive renovations done to the exteriors of all buildings, and a majority of the interiors have been redone, including furnishings, plumbing and electric. There is a wooded area that can support a new single family home, and the opportunity to add more motel units is an obvious value add. The cash flow on this property makes it the safe addition to your portfolio, or your next career as a business owner. Please no drive-bys, call for an appointment.
- Listed by Emilie Levecque • Portside Real Estate Group
Property Details for 393 Bath Road
Waterfront
No
ArchitecturalStyleOther Style
Garage Spaces3.00
GarageYes
ZoningGrowth Industry
LISTING UPDATED: 11/13/2024 11:06 AM
Property Details for 393 Bath Road
Status | Active |
---|---|
MLS # | 1608505 |
Days on Market | 20 |
Taxes | $18,001 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family |
Year Built | 1900 |
Lot Size | 14.00 AC / 609,840 SF |
County | Cumberland County |
Building Information for 393 Bath Road
Stories-Residences22Year Built1900Building Size-Lot Size14.00 AC / 609,840 SF
Property Information for 393 Bath Road
Property History for 393 Bath Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 393 Bath Road
Taxable ValueLand$247,500Additions$525,400Total$772,900
Tax Record2024$18,434 ($1,536 / month)
Home Facts
Total Finished SqFt1,966 SqFtAbove Grade Finished SqFt1,966 SqFtStories3Lot Size609,840 SqFtStyleOffice BuildingYear Built1900CountyCUMBERLANDAPNBRUN M:046 L:011
Schools near 393 Bath Road
This home is within Brunswick Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 3 to 5 |
Rating | School | Distance |
---|---|---|
Kate Furbish Elementary School PublicPK to 2 | ||
Brunswick Jr High School Public6 to 8 | ||
Brunswick High School Public9 to 12 | ||
Harriet Beecher Stowe Elementary Public3 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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