Inn Consultants and Brokers Since 1993

Rick Wolf and Peter Scherman (that’s Rick on the left and Peter on the right) are both experienced speakers who have presented on a range of innkeeping related topics at the state, regional, and national level. They gather and analyze research for the Innkeeping industry and welcome the opportunity to share it with others. Contact Us

The B&B Team
 

The 3 Keys to Real Estate

Location Location Location#1 Location. #2 Location. #3 Location.  Somethings never change, and this old adage is just as true today as it was years ago. The phrase that has become a real estate mantra may have first been coined in 1926 in an ad in the Chicago Tribune expounding the virtues of properties located in Rogers Park. Another version attributes the turn of phrase to British real estate tycoon Lord Harold Samuel. Whenever or whoever used these words first is solely of historical interest. The real importance of the trinity lies in the fact that value is central to a property’s location and has been for years.

In the case of  the Lincolnville Beach (Maine) Oceanfront Inn and Restaurant, its location is superb, but the fact that this offering is comprised of 3 (another trinity!) separate parcels of land make this offering even more enticing and attractive to a buyer, investor or…?

This offering represents the Best of Coastal Maine! There aren’t many commercial offerings today with 400 feet of true water frontage. Positioned between the ocean and Coastal Route 1, this is a one of a kind property featuring 1.2+/- acres of prime oceanfront land. The 3 separate parcels of land, 4 buildings, 250 feet of high visibility US Route 1 frontage and ocean breezes is available today for the discerning Investor, Developer, Restaurateur or Innkeeper.

This is a true Oceanfront commercial property with the location x 3 in the charming mid coast Maine village of Lincolnville Beach on Penobscot Bay. The mid coast of Maine is known as the ‘Jewel of the Maine Coast’ and Lincolnville as the ‘Heart of the Maine Coast’, a great description for a grand location and exceptional opportunity. Think of another oceanfront property once upon a time…of a fellow named Peter Minuit who once looked upon the ‘island of Manhattes’…and may have thought…’location, location, location’.

Maybe this opportunity is your opportunity to enjoy the great real estate trinity of location x 3 and parcels x 3!

Rick Wolf

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