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53 North Road

Patten, ME 04765
  • $625,000
  • STATUS: Closed
  • MLS #: 1534961
Sold - 01/06/2023
$625,000
SOLD - 01/06/2023
  • 0
    BEDS
  • 137
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,200
    SQFT
Neighborhood:
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

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Description

This a great investment property for both investors and owner operators. The current restaurant facility is only operated part time by the present owners by choice. Both the ATV and snowmobile trails go literally right through the parking lot making this a premium location for hungry riders. The restaurant revenue could be increased many fold if the hours of operation were expanded. This could be built into a destination of choice for the ever increasing ATV and snowmobile traffic in the area. The 5000 square foot hanger building with an additional 1100 feet of heated shop space provides additional revenue from renting the hanger space. There is also another building onsite that pays an annual rental fee for the ground it sits on. The potential to increase the income of this property is limitless. The 2500 foot grass landing strip could easily be extended to 3500 feet and affords the small plane pilots the opportunity to drop in for a bite to eat as well. This is a prime spot for RV sites with its proximity to Baxter State Park and the Katahdin Woods and Waters National Monument. Add a fueling station for the recreational vehicles creating yet another reason for the riders to visit. Rent storage space to RV owners in the Hanger. The 40 foot wide x 12 foot high hanger door on each end and scissor trusses make this a very versatile building. The back end of the restaurant has an additional full bath and could easily be expanded into living quarters. The imagination is the only limiting factor to this facility's potential. The 1000 feet of Weeks Brook frontage would make a beautiful setting for strategically placed RV sites. All of this sitting on a generously sized 137+/- acre lot just 2 minutes from the center of the town of Patten. Location, location, location. To replicate this today would be far more than the asking price. The earthwork, oversized septic and well alone would account for a fair portion of it. Schedule a showing to day.

Sold by Realty Of Maine.

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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: 2023-09-28T21:48:09.59.
www.thenewenglandreco.com/homes/130509791
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53 North Road Patten, ME 04765

  • Price: $625,000
  • Status: Closed
  • On Site: Days
  • Updated: 82 min ago
  • MLS #: 1534961
0
Beds
0
Baths
0
½ Baths
137
Acres
7,200
SQFT
$0
$/SQFT
2005
Built
Neighborhood:
Patten
County:
Penobscot
Area:
Patten
Property Description
This a great investment property for both investors and owner operators. The current restaurant facility is only operated part time by the present owners by choice. Both the ATV and snowmobile trails go literally right through the parking lot making this a premium location for hungry riders. The restaurant revenue could be increased many fold if the hours of operation were expanded. This could be built into a destination of choice for the ever increasing ATV and snowmobile traffic in the area. The 5000 square foot hanger building with an additional 1100 feet of heated shop space provides additional revenue from renting the hanger space. There is also another building onsite that pays an annual rental fee for the ground it sits on. The potential to increase the income of this property is limitless. The 2500 foot grass landing strip could easily be extended to 3500 feet and affords the small plane pilots the opportunity to drop in for a bite to eat as well. This is a prime spot for RV sites with its proximity to Baxter State Park and the Katahdin Woods and Waters National Monument. Add a fueling station for the recreational vehicles creating yet another reason for the riders to visit. Rent storage space to RV owners in the Hanger. The 40 foot wide x 12 foot high hanger door on each end and scissor trusses make this a very versatile building. The back end of the restaurant has an additional full bath and could easily be expanded into living quarters. The imagination is the only limiting factor to this facility's potential. The 1000 feet of Weeks Brook frontage would make a beautiful setting for strategically placed RV sites. All of this sitting on a generously sized 137+/- acre lot just 2 minutes from the center of the town of Patten. Location, location, location. To replicate this today would be far more than the asking price. The earthwork, oversized septic and well alone would account for a fair portion of it. Schedule a showing to day.
Exterior Features

Construction Wood Frame Exterior Metal CladVertical Siding Foundation Materials Pillar/Post/PierPoured ConcreteSlab Parking 21+ SpacesGravelOn SiteParking GaragePaved Roof MetalPitched

Interior Features

Accessibilitiy Amenities 36+ Inch Doors Basement NoneSlab Cooling Heat Pump Gas Bottled Heat Fuel ElectricWood Heat System External Heating PlantHeat PumpMulti-ZonesRadiantRadiator

Property Features

Building Features CableFire SystemInternet Access AvailableOverhead DoorsSecurity SystemStorage Electric Circuit BreakersOn Site Full Tax Amount Amount 5333.00 Leased Land No Location Near ShoppingRuralWater Frontage Property Uses Cold StorageCommercialNet LeasedOtherRestaurantSelf StorageSpecial Purpose Sewer Private SewerSeptic Existing On Site Surveyed Unknown Tax Year 2020 Water PrivateWell Existing On Site Zoning Unknown Zoning Overlay Unknown

Maine Real Estate Information Systems logo Listing provided courtesy of Realty Of Maine: .

© 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: 2023-09-28T21:48:09.59.
 
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Camden ME, 04843
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