Current Listings
Bed and Breakfasts, Boutique Hotels and Motels,
Rental Cottages, Full Service Maine Inns with Restaurants and Waterfront Maine Inns for Sale
New Listing! Yellow House, Bar Harbor, $1,395,000 - Details
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Built in 1880, this downtown Bar Harbor inn is situated steps from the Shore Path and is one of the town's original summer cottages. A huge wrap around farmhouse porch offers lovely space for guests any time of day. 7 large guest rooms w/ensuite baths. Fully renovated
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New Listing! Russell House Bed and Breakfast, Boothbay Harbor, $1,195,000 - Details
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Located 1 mile from the harbor and downtown
Completely all new rooms and bathrooms! 8 guest rooms with ensuite tile and glass baths/showers owner's 2 bedroom cottage guest rooms with heat pumps (A/C) stylish common rooms, spacious and bright commercial kitchen very large deck designed to accommodate a tent, great for events. Strong business and room for potential |
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New Confidential Listing, $1,450,000 - details
- Location: Midcoast
- Size: 10-16 rooms
- Breakfast Service Only
- Owner's Apartment
- Water View
- Strong Business
NEW! Pine Grove Cottages, Lincolnville, $895,000 - Details
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9 fully equipped housekeeping cottages with kitchens, bath, decks, grill, parking in a lovely wooded setting just a few miles to Camden and Lincolnville Beach! Separate owner's house onsite.
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Acadia Bay Inn on the ocean in Sullivan - $1,375,000 - Details
A stunning 7 room inn on Frenchman Bay looking directly across to Cadillac Mountain, Acadia National Park and Bar Harbor. With steps down to a small, private pebble beach, this inn checks a lot of boxes!
Grey Havens Inn on the water in Georgetown - $2,795,000 - Details
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Grey Havens Inn has 13 guest rooms with ensuite baths; lovely bar and restaurant; a classic cottage style great room with a stone fireplace. And a porch with views for miles.
Oceanfront with a dock. CLASSIC Maine! Just around the corner from Reid State Park, this inn is a gem you have to see. |
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New Price! Inn At Bath, in lovely Downtown Historic Bath, $725,000 - Details
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Built in 1840
8 guest rooms w/private baths .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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Noble House Inn in Bridgton, in the Western Lakes Region - $1,250,000 - Details
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Built in 1903, this lovely inn sits on 4.15 acres just up from Highland Lake and offers 8 guest rooms with ensuite baths, granite and stainless kitchen, dining room, cozy den with wood stove, large formal parlor, sunny breakfast room overlooking the spacious lawn. Open Year Round. |
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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. If Wilton loses power, the automatic generator runs the entire main building and residence. Open year round, this is situated in the foothills of the lakes and mountains, a playground for outdoor activities all year!
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A Prominent Inn in the heart of Camden, $3,500,000 - Details
A stone castle by the sea....this stunning inn is a see to believe kind of place. The woodwork alone can keep you busy for hours. The well manicured lawn is inviting as is the full size Bocce court! The Penthouse Suite has the best view of the Penobscot Bay. This is a must see!
The Inn at Southwest, Southwest Harbor near Acadia National Park, $795,000 - Details
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Among the most photographed inns on Mount Desert Island, The Inn at Southwest is an 1884 Mansard Victorian in the heart of the charming village of Southwest Harbor, surrounded by Acadia National Park. It offers 7 spacious guest rooms with ensuite baths, a parlor with fireplace and a lovely wrap around porch to enjoy any time of day or night. Beautiful woodwork and period architectural details mixed with more modern furnishings give the inn a very comfortable feel.
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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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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.
Inn at Sunrise Point, Lincolnville, $3,495,000 - listed at appraised value - 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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Manor House, Bar Harbor, $2,650,000 - listing details page coming soon - 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. |
NEW PRICE! Inn at Bay Ledge, Bar Harbor, $1,750,000 - 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, $895,000 - 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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NEW PRICE! Bucksport Motel, $1,200,000 - Details
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.
NEW PRICE! Open Hearth Inn, Trenton, $995,000 - 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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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, $725,000, 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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Wiscasset Woods Lodge, Wiscasset - $1,395,000 - Details
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8 acres of woodlands;
30 units total (all with exterior entrances) workshop and storage building; separate laundry building with new equipment; main lodge building with lobby/reception and guest breakfast room; fire pits, walking trails, picnic tables, public water and sewer; and wonderful 2 bedroom owner's apartment with new kitchen (which can also be event space |
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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
