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327 Shusta Road

Madison, ME 04950
  • $1,200,000
  • STATUS: Active
  • MLS #: 1516128
UPDATED: 82 min ago
$1,200,000
  • 0
    BEDS
  • 7.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,884
    SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

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Description

Here is your opportunity to be self-employed or just a passive investor. Previously an assisted living facility with a commercial kitchen, cafeteria, common area seating and bathrooms that has been converted into an extremely profitable Inn. There are 27 rooms with up to 32 Beds and they are rented in weekly increments and that income is complimented with a coin laundry operation. Tenants are referred by companies or agencies that have a need for short term housing. This business has been proven to be recession proof and operates at near to full capacity year-round. All furniture and fixtures are included and there is currently an on-site manager.

Monthly Payment Calculator


Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-06-26T18:47:56.27.
www.thenewenglandreco.com/homes/123809078
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327 Shusta Road Madison, ME 04950

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • Updated: 82 min ago
  • MLS #: 1516128
0
Beds
0
Baths
0
½ Baths
7.5
Acres
8,884
SQFT
$135
$/SQFT
1960
Built
Neighborhood:
Madison
County:
Somerset
Area:
Madison
Property Description
Here is your opportunity to be self-employed or just a passive investor. Previously an assisted living facility with a commercial kitchen, cafeteria, common area seating and bathrooms that has been converted into an extremely profitable Inn. There are 27 rooms with up to 32 Beds and they are rented in weekly increments and that income is complimented with a coin laundry operation. Tenants are referred by companies or agencies that have a need for short term housing. This business has been proven to be recession proof and operates at near to full capacity year-round. All furniture and fixtures are included and there is currently an on-site manager.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Foundation Materials Poured ConcreteStone Parking 21+ SpacesGarageGravelPaved Roof Metal

Interior Features

Basement Brick/Mortar Gas Bottled Heat Fuel Oil Heat System BaseboardHot WaterMulti-Zones

Property Features

Building Features Fire SystemGeneratorSecurity SystemSprinkler - WetStorage Electric Circuit BreakersGenerator Hookup Full Tax Amount Amount 7215.00 Leased Land No Leases No Location Rural Property Uses Bed And BreakfastInstitutionalOffice BuildingRestaurant Sewer Private SewerSeptic Existing On Site Surveyed Unknown Tax Year 2021 Water PrivateWell Existing On Site Zoning Rural

Listing provided courtesy of Coldwell Banker Plourde Real Estate.

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-06-26T18:47:56.27.
 
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