$3,700,000
20 State Hwy 3
Bar Harbor, ME 04644
MLS# 1359166
Status: Closed



20 State Hwy 3, Bar Harbor, ME 04644
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20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644 20 State Hwy 3, Bar Harbor, ME 04644

Property 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.

Details
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
Geo Lat: 44.41565
Geo Lon: -68.251283
Contract Information
Status: Closed
Original List Price: 4750000
Sold Price: $3,700,000
Current Price: $3,700,000
Property Information
Primary Use: General Commercial
Deed/Conveyance Type Offered: Warranty
Year Built: 1950
Lot Size Acres +/-: 15.5
Road Frontage +/-: 513
Compensation & Misc Info
Buyer Agency: 2
Buyer Agency Type: %
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
Sold Info
Appraiser Email Address: info@rdlappraisal.com
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: A/C Units
Floors: Carpet
Parking: 21+ Spaces; On Site
Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Listing Office: Heritage Real Estate

Last Updated: March - 20 - 2021

20 State Hwy 3, Bar Harbor, ME 04644 - MLS# 1359166
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.