$985,000 Price Analysis 2372 Atlantic HwyLincolnville, ME 04849 4 bed 2 bath 2,750 SqFt ($358/SqFt) 4.0 acre lot. Built 1865 Listed 2024-02-08 | May be USDA loan restricted due to income limits near Lincolnville |
Income producing property in the heart of mid-coast Maine with captivating Penobscot Bay water views. Located between Belfast and Camden on Atlantic Highway in the town of Lincolnville, it is .5 miles to Lincolnville Beach and minutes to Camden Hills State Park. This one-of-a-kind property features a four season 1865 Farmhouse home with a detached 3 car garage and an additional 2 B/R income producing apartment. Attached to the home is a large laundry area, a small Bistro which includes a commercial kitchen and breakfast seating area for guests as well as a small office/storage area.
The beautifully landscaped property is partially wooded with an expnsive lawn area, a lovely flowing stream and picnic areas with tables and room for a BBQ grill. Th e 11 cottages, 9 motel rooms and apartment are fully furnished offering a potential buyer a turnkey operation. Some of the cottages offer kitchenettes and all cottages and motel rooms have a/c and portable heaters. There is a mostly cleared 1 +/- acre lot in the rear of the property offering more revenue producing possibilities. If you have ever thought about living and owning a business in coastal Maine, this is your opportunity!
Presented by Richard Butler at
REALTY OF MAINE - Belfast.
Property MLS #1581891 from MaineListings
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.