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Mid Coast Maine Motel – Claddagh Motel & Suites

Claddagh Motel & Suites is a mid coast Maine motel with a variety of single and double rooms and family suites,19 in total. Open Seasonally May through October, Claddagh Motel does a very strong business while still offering room for growth!
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Mid Coast Maine Motel – Claddagh Motel & Suites

For Sale

Superb business. Prime Mid Coast Maine Motel. Rockport Maine Destination Location.

Claddagh Motel & Suites is a mid coast Maine motel with a variety of single and double rooms and family suites,19 in total . Several have water views of scenic Glen Cove and the distant islands of Penobscot Bay but the grounds offer a water view for all guests. Rooms are all decorated in an Irish cottage B&B style theme with colorful painted beams, lace, linens and tablecloths along with white picket fences scattered throughout.

The property is well maintained, awnings and signs are clean and bright, exterior paint is kept up, roofs have been replaced in more recent years, concrete walks are also in very good condition and the pavement is new. There are about 30 parking spaces, so more than enough for guests and owners! There’s a +/- 20 seat breakfast room where guests enjoy a continental breakfast.

Owner’s quarters is a large space in the “inn” style building where the office and breakfast room are located. There are 3 bedrooms, 1.5 baths, kitchen, a bright sunroom with picture windows overlooking the pool.

Ideally situated along Route 1 in Rockport with a view of Clam Cove, Claddagh Motel is just under 3 miles to Rockland, 4 miles to the heart of Rockport, 6 miles to Camden and 10 miles to Lincolnville Beach. Claddagh Motel makes a great base for exploring the midcoast of Maine. Boothbay Harbor is just an hour away, Portland an hour and a half and if you’re still looking to explore further on a day trip, Bar Harbor is just under two hours.

Open Seasonally May through October, Claddagh Motel does a very strong business while still offering room for growth. With a Net Operating Income (NOI)  of $180K in 2013 and likely higher in 2014, the business more than supports the price.  To really round out this offering, possible seller concessions are possible for upgrades and more!  This is absolutely a ‘must see‘!

The Claddagh Motel in the prime Maine coastal destination location of Rockport is offered by The B&B Team, Inc.   For more information contact Dana Moos 207 266-5604.

 


Business Type

  • Financially Viable

Price

  • $1 Million to $2 Million

Region

  • New England

Size

  • 11 - 20 Rooms

Property Type

  • Boutique Motel

Features

  • Pool
  • Water View
  • Asking Price: $1,195,000
  • Property Type: Boutique Motel
  • Business Type: Financially Viable
  • Region: New England
  • State: Maine
  • Status: For Sale
  • Rooms: 19
  • Features: Pool, Water View
  • Bathrooms: 19
  • Contact: Dana Moos
  • Phone: 207 266-5604
  • Email: dana@bbteam.com
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