$695,000 Price Analysis    ♡   Caratunk, ME 04925 14 bed 6 bath 7,000 SqFt ($99/SqFt) 7.0 acre lot. Listed 2024-06-16, Taxes $89 | Ⓧ USDA Ineligible due to property near Caratunk |
Don't miss this rare opportunity to own a historic 200+ year-old bed and breakfast.
The Sterling Inn was built 1816 in the still popular upper Kennebec Valley. It was completely remodeled in the 1990's and the current owners have accomplished many upgrades since 2012. Currently the Sterling Inn is a meticulously maintained vibrant and profitable bed and breakfast. It offers 15guest rooms with 6 guest bathrooms. There are owner's quarters wit h private bath along with a third-floor room that is used for staff lodging. Located approximately 1 mile from the Appalachian Trail the Sterling Inn is a welcome stop for hikers to enjoy a hot shower, bed and resupply at the well provisioned store at the Inn.
With over 60, 000 people visiting the area to enjoy whitewater rafting on the Kennbec and Dead Rivers there are always guests that desire a quiet bed and breakfast experience. The Inn is located near ATV and snowmobile trails for the motorized vehicle enthusiasts as well as ample opportunities for fishing, hunting, birding and general relaxation. A public boat launch on Wyman Lake is on 0.5 miles from the Inn. The sale includes a long list of personal property and equipment so that there will be non-interrupted business after the purchase.
Presented by Mark Leathers at
Realty of Maine - Bangor.
Property MLS #57323 from LandLeader
Lot Size Square Feet: 304920
County: Somerset
Source Property Type: CommercialSale|BusinessOpportunity
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $10,530 $10,530 | $89 |
| 2021 | $239,529 + $39,000 $278,529 | $2,925 |
| 2020 | $239,529 + $39,000 $278,529 | $2,925 |
| 2019 | $239,529 + $36,100 $275,629 | $2,536 |
| 2018 | $239,529 + $36,100 $275,629 | $2,343 |
| 2017 | $239,529 + $36,100 $275,629 | $2,040 |
| 2016 | $239,529 + $36,100 $275,629 | $1,985 |
$695,000
LandLeader
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.