196 US-1, Bucksport, ME 04416

$999,999.99
Property Type: Commercial Square Footage: 18,044 Lot Size (sq. ft.): 394,218 Status: Closed
Current Price: $999,999.99 List Date: 7/02/2024 Last Modified: 6/02/2025

Overview

Description

Explore the potential of this former motel and rental property located in the lively Downeast & Acadia Region. Conveniently positioned along Route 1 in Bucksport, this property is situated on the scenic coastal route linking Belfast and Bar Harbor, ensuring high visibility and tourist traffic. The property is situated across 9.05 acres of prime commercial acreage, with 18,044 square feet spread across 50 rooms. These rooms vary from single bed rooms to double bed rooms & includes apartments above the main lobby that could be used for owner or management use. Currently vacant and ready for redevelopment, this property offers a compelling income-generating opportunity. Sold in its current condition it requires further renovation, providing investors with the chance to tailor and modernize it for maximum returns. Recently named USA Today's #1 Best Coastal Small Town in 2021, the Bucksport downtown includes galleries, shopping, dining & the beautifully maintained waterfront walkway. Whether catering to visitors or appealing to locals, Bucksport's charm and coastal appeal are enduringly popular. Don't miss out on this investment opportunity in one of Maine's most sought-after locations. Schedule a showing today to envision the potential that awaits!

Listing Details MLS# 1595472

Location Information

Street #
196
Street Name
US-1
County
Hancock
Town
Bucksport
State/Province
ME
Zip Code
04416
Zip +4
4124
Leased Land
No
Book
6881
Page
705
Map
2
Lot
12
Zoning
Commercial
Full Tax Amount $
11832
Tax Year
2023
Association Y/N
No

Contract Information

Original List Price
1750000

Property Information

Primary Use
Investment
Surveyed
Yes
Deed/Conveyance Type Offered
Warranty
Deed
All
Year Built
1960
Year Renovated +/-
2023
Total # Floors
2
SqFt Finished Total
18044
Lot Size Acres +/-
9.05
Road Frontage +/-
732

Status Change Info

Pending Date
2024-10-16
Closed Date
2025-05-07
Closed Price
999999.99

Water Info

Water Frontage
No
Water View
Yes
Water Body Name
Eastern Channel

Utilities

Utilities On
No

More Information

Sold Info

Appraiser Email Address
rwandalusian@fairpoint.net

Location

Downtown
Yes
Near Shopping
Yes
Water View
Yes

Source of Water Frontage

Public Records
Yes

Property Uses

Bed & Breakfast
Yes
Hotel/Motel
Yes
Resort
Yes

Water Body Type

Bay
Yes

Construction

Wood Frame
Yes

Basement

Dirt Floor
Yes
Unfinished
Yes

Foundation Materials

Block
Yes
Other
Yes

Exterior

Composition
Yes

Roof

Metal
Yes

Heat System

Baseboard
Yes
Hot Water
Yes
Other
Yes

Heat Fuel

Electric
Yes
Gas Bottled
Yes

Cooling

None
Yes

Floors

Carpet
Yes
Laminate
Yes
Wood
Yes

Building Features

Cable
Yes

Parking

21+ Spaces
Yes
Garage
Yes
Off Site
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Downtown; Near Shopping; Water View Source of Water Frontage: Public Records Water Body Type: Bay Construction: Wood Frame Property Uses: Bed & Breakfast; Hotel/Motel; Resort Basement: Dirt Floor; Unfinished Foundation Materials: Block; Other Exterior: Composition Roof: Metal Heat System: Baseboard; Hot Water; Other Heat Fuel: Gas Bottled Cooling: None Floors: Carpet; Laminate; Wood Building Features: Cable Parking: 21+ Spaces; Garage; Off Site; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

Listing Office: Two Rivers Realty, LLC
IDX
Last Updated: June - 02 - 2025
Broker Attribution: tworiversdougb@gmail.com
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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