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52 Medway Road

Millinocket, ME 04462
  • $499,000
  • STATUS: Active
  • MLS #: 1559589
UPDATED: 20 min ago
$499,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,680
    SQFT
Neighborhood:
Type:
Commercial
Built:
1987
County:
Area:

School Ratings & Info

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Description

Introducing an incredible opportunity in the heart of Millinocket! This exceptional property showcases a charming restaurant & an 11-room inn, offering endless possibilities for aspiring entrepreneurs or seasoned investors. This iconic local landmark has been a successful restaurant & hotel operation since 1987. With numerous kitchen & efficiency upgrades, a full basement, & all furniture & equipment included, this property is ready to fulfill your hospitality dreams.The restaurant boasts a well-appointed kitchen, thoughtfully designed to meet the demands of a bustling culinary operation. Featuring a range of modern kitchen upgrades, including top-of-the-line appliances, ample storage space, and efficient workflow configurations, this is a chef's paradise. Adjacent to the restaurant, the 11-room hotel provides a cozy & welcoming atmosphere for guests. Each room is tastefully furnished, offering a comfortable retreat for travelers. The hotel's efficient layout maximizes space utilization while ensuring privacy and relaxation. A notable feature of this property is the full basement, offering abundant storage space for supplies & inventory. This valuable asset provides ample room to support the needs of the restaurant & hotel operation, allowing for seamless day-to-day management. The sale of this property also includes all furniture & equipment, including an on-demand backup generator. This turnkey opportunity allows you to hit the ground running, instantly establishing your presence in the vibrant Millinocket community.Millinocket is renowned for its proximity to Baxter State Park, Mount Katahdin, & countless outdoor activities such as snowmobiling & hiking, which attract visitors throughout the year. Take advantage of the thriving tourism industry & the demand for quality accommodations & dining experiences. Don't miss out on this remarkable chance to embark on an exciting and rewarding venture in the heart of Maine's picturesque landscape!

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Maine Real Estate Information Systems logo
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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-06-03T06:48:12.56.
www.thenewenglandreco.com/homes/139762795
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52 Medway Road Millinocket, ME 04462

  • Price: $499,000
  • Status: Active
  • On Site: Days
  • Updated: 20 min ago
  • MLS #: 1559589
0
Beds
0
Baths
0
½ Baths
1
Acres
7,680
SQFT
$65
$/SQFT
1987
Built
Neighborhood:
Millinocket
County:
Penobscot
Area:
Millinocket
Property Description
Introducing an incredible opportunity in the heart of Millinocket! This exceptional property showcases a charming restaurant & an 11-room inn, offering endless possibilities for aspiring entrepreneurs or seasoned investors. This iconic local landmark has been a successful restaurant & hotel operation since 1987. With numerous kitchen & efficiency upgrades, a full basement, & all furniture & equipment included, this property is ready to fulfill your hospitality dreams.The restaurant boasts a well-appointed kitchen, thoughtfully designed to meet the demands of a bustling culinary operation. Featuring a range of modern kitchen upgrades, including top-of-the-line appliances, ample storage space, and efficient workflow configurations, this is a chef's paradise. Adjacent to the restaurant, the 11-room hotel provides a cozy & welcoming atmosphere for guests. Each room is tastefully furnished, offering a comfortable retreat for travelers. The hotel's efficient layout maximizes space utilization while ensuring privacy and relaxation. A notable feature of this property is the full basement, offering abundant storage space for supplies & inventory. This valuable asset provides ample room to support the needs of the restaurant & hotel operation, allowing for seamless day-to-day management. The sale of this property also includes all furniture & equipment, including an on-demand backup generator. This turnkey opportunity allows you to hit the ground running, instantly establishing your presence in the vibrant Millinocket community.Millinocket is renowned for its proximity to Baxter State Park, Mount Katahdin, & countless outdoor activities such as snowmobiling & hiking, which attract visitors throughout the year. Take advantage of the thriving tourism industry & the demand for quality accommodations & dining experiences. Don't miss out on this remarkable chance to embark on an exciting and rewarding venture in the heart of Maine's picturesque landscape!
Exterior Features

Construction Wood Frame Exterior Wood Siding Foundation Materials Poured Concrete Parking 21+ SpacesOn SitePaved Roof Metal

Interior Features

Basement FullWalkout Access Cooling A/C UnitsCentral Air Gas Bottled Heat Fuel Propane Heat System BaseboardHot WaterMulti-Zones

Property Features

Building Features CableFire SystemGeneratorInternet Access AvailableOther EquipmentSprinkler - DryStorage Electric Circuit BreakersGenerator Hookup Full Tax Amount Amount 7377.50 Leased Land No Location Near AirportNear ShoppingOther Location Property Uses Bar/Tavern/LoungeCommercialHotel/MotelRestaurant Sewer Public Sewer Surveyed Unknown Tax Year 2022 Water Public Zoning Nc

Maine Real Estate Information Systems logo Listing provided courtesy of Nexthome Northeast Realty: [IDXCONTACTINFORMATION].

© 2023 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-06-03T06:48:12.56.
 
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