20 State Hwy 3, Bar Harbor, ME 04644

$3,700,000

Property Type: Commercial Lot Size (sq. ft.): 675,180 Status: Closed

Current Price: $3,700,000 List Date: 10/11/2019 Last Modified: 7/08/2025

Overview

Description

The Colony Cottages are situated on the scenic shore of Frenchman Bay at Hulls Cove in Bar Harbor Maine. The resort is just a short distance from the entrance to Mount Desert Island - Acadia National Park & downtown Bar Harbor. The Colony offers guests the comfort and tranquility of a traditional Maine waterfront cottage vacation. The resort overlooks the islands in Frenchman Bay. Featuring 31 cottages with 48 units, ranging in size from 418 sq. ft. to 660 sq. ft. plus a 10 unit 4,464 sq. ft. motel. Guests check-in at the 532 sq. ft. free standing office. You will find a 3-bedroom 2445 sq./ ft. Farmhouse & a two-story 1,568 sq. ft. barn which houses the commercial laundry and workshop. The Colony is situated on a 15 acres of wooded parcel with a sloping grassed communal area with a beautiful heated outdoor pool overlooking Frenchman Bay with 200 feet of beachfront. The paved circular driveway provides easy access to all the facilities. A turnkey successful waterfront business.

Listing Details MLS# 1359166

Location Information

Street #: 20
Street Name: State Hwy 3
County: Hancock
Town: Bar Harbor
State/Province: ME
Zip Code: 04644
Leased Land: No
Book: 6300
Page: 27
Map: 216
Lot: 53
Zoning: Commercial
Zoning Overlay: No
Full Tax Amount $: 23028
Tax Year: 2017
Association Y/N: No

Contract Information

Original List Price: 4750000

Property Information

Primary Use: General Commercial
Deed/Conveyance Type Offered: Warranty
Year Built: 1950
Lot Size Acres +/-: 15.5
Road Frontage +/-: 513

Status Change Info

Pending Date: 2020-12-15
Closed Date: 2021-03-19
Closed Price: 3700000

Commercial Bldg Information

Confidentiality Statement: Yes

Utilities

Utilities On: No

More Information

Sold Info

Appraiser Email Address: info@rdlappraisal.com

Location

Business District: Yes
Rural: Yes

Property Uses

Hotel/Motel: Yes
Resort: Yes

Construction

Masonry: Yes
Wood Frame: Yes

Basement

None: Yes
Unfinished: Yes

Foundation Materials

Pillar/Post/Pier: Yes
Poured Concrete: Yes

Exterior

Brick: Yes
Clapboard: Yes
Wood Siding: Yes

Roof

Fiberglass: Yes
Shingle: Yes

Cooling

Wall/Window Unit(s): Yes

Floors

Carpet: Yes

Parking

21+ Spaces: Yes
On Site: Yes

Electric

Circuit Breakers: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Business District; Rural Construction: Masonry; Wood Frame Property Uses: Hotel/Motel; Resort Basement: None; Unfinished Foundation Materials: Pillar/Post/Pier; Poured Concrete Exterior: Brick; Clapboard; Wood Siding Roof: Fiberglass; Shingle Cooling: Wall/Window Unit(s) Floors: Carpet Parking: 21+ Spaces; On Site Electric: Circuit Breakers Sewer: Public Sewer Water: Public

IDX

Listing Office: Heritage Real Estate

Selling Office: Portside Real Estate Group

Last Updated: July - 08 - 2025

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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.