Current Listings
Bed and Breakfasts, Boutique Hotels and Motels,
Rental Cottages, Full Service Maine Inns with Restaurants and Waterfront Maine Inns for Sale
Just Listed!
Inn at Park Spring, Portland - $1,125,000 - Details
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This small, charming bed & breakfast in a historic brick town home dating to 1845 boasts an ideal location in downtown Portland. The Inn has five uniquely designed guest rooms spanning two floors, all featuring private baths. The owner began to fully renovate beginning in 2013 and up through today, with new bathrooms, new kitchen, new flooring, furnishings and upholstery.
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Just Listed!
Five Gables Inn, East Boothbay - $3,195,000 - Details
The Five Gables Inn was originally built in 1896 and offers 16 guest rooms with ensuite baths, 15 have water views, 4 have fireplaces, all have AC. The inn has water access across the street at the town dock. There’s a large Great Room w/wood fireplace and picture windows to enjoy the view. The spacious kitchen was recently renovated and offers two dishwashers, two ranges, quartz and stainless countertops. The very large porch is a feature at Five Gables Inn, with tables and lounge seating, it's an inviting outdoor living space any time of day or night. The inn is located at 107 Murray Hill Road, the residence included is located adjacent to the inn at 113 Murray Hill Road and the staff house which also conveys is a 3 bedroom rental property with kitchen, living and dining rooms, outdoor deck. Ideal for staff housing and sleeps 6. This property comes fully furnished and is 1/2 mile from the Inn. Viable business from a 5 ½ month season which could be extended, particularly with the popularity Coastal Maine Botanical Gardens in the off-season during Gardens Aglow.
Just Listed!
Inn on the Wharf, on the ocean in Lubec - $4,195,000 - Details
UNIQUE is one of the best ways to describe this offering. VIABLE is another. A 23 room inn, a restaurant with small bar, a gift shop, a whale watching business, a seafood business. And 5 vacant lots approved for additional units. This is a true entrepreneur's opportunity. And it was the vision of the current owners who purchased a 100 year old sardine factory and converted it into the robust business it is today.
Just Listed!
Wilson Lake Inn on Wilson Lake in Wilton - $1,950,000 - Details
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Immaculate 30 room motel on 2 beautifully manicured acres on Wilson Lake. Large owner's residence with 2 bedrooms, 2 baths, open kitchen, family room, dining, garage. Automatic generator runs the main inn and residence. Open year round, this is situated in the foothills of the lakes and mountains, a playground for outdoor activities all year! |
Captain Sawyer's Bed and Breakfast, Boothbay Harbor - $1,095,000 - Details
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Renovated in early 2017, new website, new kitchen, 9 guest rooms, all with en-suite baths. Open May-December. Owner's quarters is being renovated and will include a bedroom, sitting area, two full baths and located upstairs directly off the kitchen. Two levels of lovely front porches with harbor views. |
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New Price! Inn at Sunrise Point, Lincolnville - $3,495,000 - Details
Simple. Perfect. Luxury. This is how the Inn at Sunrise Point has been described. The property for discerning guests and owners.
Oceanside cottages, a main inn with graceful proportions, a garden house with new luxury rooms all on 3.89 acres of waterfront manicured lawns, curated gardens and natural landscape create this highly desirable luxury campus.
Oceanside cottages, a main inn with graceful proportions, a garden house with new luxury rooms all on 3.89 acres of waterfront manicured lawns, curated gardens and natural landscape create this highly desirable luxury campus.
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Youngtown Inn and Restaurant, Lincolnville - $1,330,000 - Details
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A 6 room inn with casual French style 60 seat restaurant, gorgeous wide pumpkin pine floors, natural light, wood stove in the dining room, wood burning fireplace in the bar, outdoor porch for guests to enjoy, and a perfect level 5 acre lot to expand the revenue stream and offer weddings in the events barn/building or in large tents. Plus owner's 4 bedroom home! |
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Manor House, Bar Harbor - $2,650,000 - contact me for more details
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The Manor House Inn is located in the West Street Historic District, one of Bar Harbor's most convenient in town locations.
The inn is just a short stroll to all village shopping, restaurants and ocean front activities with Acadia National Park just 1 mile away. Manor House Inn consists of the original 3-story Victorian Mansion and the Bar Harbor Cottages: the Victorian Chauffeur's Cottage, 2 private Garden Cottages and Acadia Cottage. |
The Lindsey Hotel, Rockland - $995,000 - contact me for more details
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The Lindsey is located on a side street right off the historic and charming Main Street in Rockland, Maine. There are nine guest rooms, four on the second and four on the third and one on the first floor which is handicapped accessible. The first floor also accommodates the living room, kitchen, office, small library, dining room, repurposed “bank safe” and powder room. All guest rooms have private baths.
The inn was completely redesigned within the last five years with a “new” nautical vibe. Navy Blue and Grays are interspersed with splashes of color and texture throughout. The “urban garden” is a private sanctuary behind the inn with the feeling of a walled garden patio where breakfast is served during the summer. |
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Harborage Inn, Boothbay Harbor - $1,995,000 - contact me for more details
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As the longest continuously operating Inn in Boothbay Harbor, this is a rare opportunity to purchase an established and thriving business. Built in 1869, the property has been hosting guests since 1925. The inn has been in the same family for the last 47 years and the current owners represent the third generation of innkeepers.
Recent renovations have added new guest rooms, baths, and 2500 square feet of modern, covered deck space for guests to gather, socialize, and savor the unobstructed water views. Guests enjoy the waterfront lawn with 80ft of tidal frontage and oversize hot tub. The dock and float provide direct water access for kayaking, paddle boarding, and canoeing from the property. |
Inn at Bay Ledge, Bar Harbor - $1,999,000 - contact me for more details
The Inn at Bay Ledge is an Oceanside Bed & Breakfast Inn compound with stairs to the rocky coast, a swimming pool and eleven guestrooms in two buildings and a one bedroom cottage. The variety of accommodations gives visitors a choice of ocean side - or "in the Maine woods" aesthetic with all having use of the amenities.
Located out of the busy center of the downtown village, Bay Ledge is ideal for the owner and guests who want the Bar Harbor and Acadia National Park experience without the in town
Located out of the busy center of the downtown village, Bay Ledge is ideal for the owner and guests who want the Bar Harbor and Acadia National Park experience without the in town
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Snow Squall Inn, Wiscasset - $995,000 - contact me for more details
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The Snow Squall Inn has 7 guest rooms with private baths, including 3 multi-room suites ideal for families or friends traveling together. Located on 1.46 manicured acres on historic coastal US Route 1. Renovations in 2009 yielded a modern commercial wellness building with yoga studio and spa treatment rooms.
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Harborside Cottages, Bristol - $1,645,00 - contact me for more details
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Rare offering on the historic Pemaquid peninsula! Overlooking the working waterfront of New Harbor, Harborside Cottages has been welcoming guests since 1950. Two family homes, ten seasonal cottages, a deep-water dock & 219’ of saltwater frontage comprise this unique summer compound on the ocean.
This offering consists of three separate grand-fathered lots with an additional acre potentially available, so there are many options for use. Harborside is easily accessed from coastal Route 1 & is just minutes from the popular Pemaquid Point Lighthouse and Pemaquid Beach. |
Bucksport Motor Inn - $1,300,000 - Details
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24 unit motel that has been fully renovated top to bottom - new roof, windows, siding, brick veneer, solar panels, furnaces. The motel is so well maintained. Ready for the next owner to walk in and do the marketing! Very spacious owner's quarters with private deck. Financially viable. Strong cap rate. |
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Greenville Inn, $2,195,000 - contact me for more details
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This grand 1890 Lumber Baron's estate has been meticulously maintained and is one of Moosehead Lake Region's most iconic properties.
One block from downtown this historic lodging estate is perched on a hill with views of the lake and mountains. Offering something for every type of traveler, Greenville Inn boasts luxury rooms in the mansion, private family-style suites and cozy stand-alone cottages. Full-service restaurant, owners & staff quarters. On the National Register of Historic Places. |
Old Orchard Beach Inn, $1,100,000 - contact me for more details
Recognized as the oldest known inn in the state still in operation, the Old Orchard Beach Inn has been welcoming guests to the coast of Maine since 1840. The original portion of the building dates back to 1730 and renovations through the years have maintained historic beams and floors throughout the property's 18 guest rooms and common areas. Each guest room is well appointed with private baths, and the third floor features a private two room suite with full kitchen and spacious living room.
Old Orchard Beach is known as one of the most popular summer communities in Maine, with seven miles of sandy beaches and a vibrant downtown economy that allows for strong seasonal occupancy each year.
Old Orchard Beach is known as one of the most popular summer communities in Maine, with seven miles of sandy beaches and a vibrant downtown economy that allows for strong seasonal occupancy each year.
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Open Hearth Inn, Trenton (at the head of Mount Desert Island) $1,100,000 - Details
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Situated at the head of Mount Desert Island, Open Hearth Inn offers 17 units total: 8 adorable cottages, 4 lodge building rooms, 3 inn style suites and 2 fully furnished apartments. Fully improved over the last 3 years. Strong seasonal business! Great cap rate. And owner's house with a staff room is an added bonus.
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Inn At Bath, in lovely Downtown Historic Bath - $775,000 - Details
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Built in 1840
8 guest rooms w/private baths A lot of natural light. .32 acres located on an historic tree lined street downtown 2 large parlors, large sunny dining room spacious open kitchen beautiful perennial gardens stone patio open year round |
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Just Listed!
Pier One, on the water in Southwest Harbor - $1,850,000 - Details
The Lodge at Moosehead, Greenville - $2,495,000 - contact me for more details
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Long one of Maine's most classic hospitality properties, The Lodge at Moosehead Lake is comprised of three buildings on seven acres.
The main lodge has five of the guest rooms as well as the restaurant and the beautifully designed common areas including the fun lower level pub. The Carriage House is home to four spectacular suites which, as with most rooms, have sensational views. The owner's home has a jaw-dropping lake view from the beautiful wall of windows. There is also small staff housing on the property. This is a remarkable opportunity for lovers of the northern part of our beautiful State. |
Belfast Breeze Inn, $875,000 - contact me for more details
Incredible business opportunity in one of Mid Coast Maine's fastest growing cities. 5 guest suites in the newly renovated & updated Inn plus 14 rooms in a separate lodge building.
Set on 3.29 acres, located on highly trafficked Route 1. Waterviews, restaurant/bar/event space, ample parking & expansive lawn for events. Close proximity to "one of the coolest small town's in Maine" via Budget Travel. Gorgeous woodwork, fireplaces, large commercial kitchen, staff housing & owners quarters.
Set on 3.29 acres, located on highly trafficked Route 1. Waterviews, restaurant/bar/event space, ample parking & expansive lawn for events. Close proximity to "one of the coolest small town's in Maine" via Budget Travel. Gorgeous woodwork, fireplaces, large commercial kitchen, staff housing & owners quarters.
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Water Street Tavern and Inn, Lubec, $680,000 - contact me for more details
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Water Street Tavern & Inn is the entrepreneurial chef/hospitality professional’s dream come true. This oceanside food and lodging business has a full service, turn-key restaurant with 48 seats in the dining rooms with 10 seats at the bar, and the deck overlooking the Narrows that seats 20. Further, there are five beautiful room accommodations ranging from single guest rooms (each with private baths) to a one and a two-bedroom apartment, with unbelievable views.
Located in Lubec -- as far East as you can get up the gorgeous Coast of Maine on a peninsula jutting into the Bay of Fundy overlooking the bridge to Canada and Campobello Island -- this seaside village is quintessential quiet Maine. The ideal situation is to run the business for the season - May through October - and then head off for other adventures. This opportunity offers a wonderful lifestyle for an enterprising individual or couple looking to start their own business or pre-retirement, living the dream between the obligatory career and permanent no-work zone. |
People always ask why it seems there are a lot of inns on the market. First, there are a LOT of inns in Maine. But at any given time, during various up and down times of our economy, there are always a number of Maine inns for sale. Over the last 10 years, it's been common for me to have 12-17 listings at all times. Some were on the market prior to the recession and then pulled them off. Then some went back on around the same time, when the economy began to pick up.
And why are they selling? The most common reason is to spend more time with children and grandchildren, followed by just time to retire. Innkeeping is a pre-retirement job, but it is not retirement! We first bought our inn when I was 38. Guests would come in and immediately after I'd say "welcome, I'm your innkeeper Dana", they'd respond "You're the owner? You're too young to be retired"! And I would just laugh!
Innkeeping is not retirement. It's a transitional job before retirement that provides a wonderful lifestyle allowing you to work from home, often with a partner, enjoy the tax benefits, grow your business investment and operate until you are ready to sell or actually retire.
Now that breakfast is over, what do you do the rest of the day?!! Now this is my favorite question. What I will tell you is that a great innkeeper makes it look easy. What goes on behind the scenes to provide a smooth guest experience is key. But more on that later. Or during one of our seminars!
And why are they selling? The most common reason is to spend more time with children and grandchildren, followed by just time to retire. Innkeeping is a pre-retirement job, but it is not retirement! We first bought our inn when I was 38. Guests would come in and immediately after I'd say "welcome, I'm your innkeeper Dana", they'd respond "You're the owner? You're too young to be retired"! And I would just laugh!
Innkeeping is not retirement. It's a transitional job before retirement that provides a wonderful lifestyle allowing you to work from home, often with a partner, enjoy the tax benefits, grow your business investment and operate until you are ready to sell or actually retire.
Now that breakfast is over, what do you do the rest of the day?!! Now this is my favorite question. What I will tell you is that a great innkeeper makes it look easy. What goes on behind the scenes to provide a smooth guest experience is key. But more on that later. Or during one of our seminars!
Definitions
The lodging industry in itself is very much a lifestyle. Travel and tourism is a lifestyle. And incorporating the ownership of a lodging property, regardless of financial performance, can be referred to as 'lifestyle'. We represent sellers of a variety of distinctive lodging styles such as bed and breakfasts, rental cabins and cottages, boutique hotels and motels. And quite often we see properties that have a combination of the various types units which can often be very desirable as they offer something for everyone. In general, we refer to this as a lifestyle business. And this lifestyle business can take place in a variety of property types. I have adapted these definitions from The B&B Team. They simply make sense.
We refer to the financial side of this lifestyle business with some key terms you should understand (you should also check out my Top 12 Blog Posts as most are financial related):
“Financially Viable” means inns that generate income to cover operating expenses, mortgage, real estate taxes and owner’s compensation. Everyone's definition of what is a sufficient owner's compensation is different. Always remember there are tax benefits from being an inn owner/operator. For more information on that subject, check out my blog post.
“Feasible” means properties with a size and location that have the realistic potential to become financially viable. They may include unique hospitality properties that are under-performing (for health, personal choice or other reasons), closed, distressed, or currently used for other purposes. Often these properties have the upside potential a buyer is looking for, but it might mean the buyer has to put a larger downpayment on the purchase to make the cash flow work until they are able to get the revenue up.
“Lifestyle” means inns and B&B’s whose smaller size and revenues may not generate sufficient income to cover operating expenses, mortgage, real estate taxes. These inns are operated by owners who wish to enjoy the lifestyle of running a bed & breakfast without totally relying upon the business’s revenues. Often owners of an inn in this category have other means of income. This could be a pension, investments, retirement funds, social security, etc. Or maybe one partner works outside the inn.
The lodging industry in itself is very much a lifestyle. Travel and tourism is a lifestyle. And incorporating the ownership of a lodging property, regardless of financial performance, can be referred to as 'lifestyle'. We represent sellers of a variety of distinctive lodging styles such as bed and breakfasts, rental cabins and cottages, boutique hotels and motels. And quite often we see properties that have a combination of the various types units which can often be very desirable as they offer something for everyone. In general, we refer to this as a lifestyle business. And this lifestyle business can take place in a variety of property types. I have adapted these definitions from The B&B Team. They simply make sense.
We refer to the financial side of this lifestyle business with some key terms you should understand (you should also check out my Top 12 Blog Posts as most are financial related):
“Financially Viable” means inns that generate income to cover operating expenses, mortgage, real estate taxes and owner’s compensation. Everyone's definition of what is a sufficient owner's compensation is different. Always remember there are tax benefits from being an inn owner/operator. For more information on that subject, check out my blog post.
“Feasible” means properties with a size and location that have the realistic potential to become financially viable. They may include unique hospitality properties that are under-performing (for health, personal choice or other reasons), closed, distressed, or currently used for other purposes. Often these properties have the upside potential a buyer is looking for, but it might mean the buyer has to put a larger downpayment on the purchase to make the cash flow work until they are able to get the revenue up.
“Lifestyle” means inns and B&B’s whose smaller size and revenues may not generate sufficient income to cover operating expenses, mortgage, real estate taxes. These inns are operated by owners who wish to enjoy the lifestyle of running a bed & breakfast without totally relying upon the business’s revenues. Often owners of an inn in this category have other means of income. This could be a pension, investments, retirement funds, social security, etc. Or maybe one partner works outside the inn.
View My Sold Properties
Maine Inns for Sale, by Dana Moos
