$3,750,000
986 State Highway 3, Bar Harbor, ME, 04609
1950
8,782 sqft
Eden Village Motel and Cottages is a thriving lodging business ideally located along the main throughway to Bar Harbor, near Acadia National Park, which sees 3-4 million seasonal visitors. This 22+ acre property features 21 units, offering a profitable opportunity for those interested in hospitality. The front 4 acres house all the building structures, with Eden Village boasting unique spacing between units. The property includes 11 unique private cottages and a 10-room motel strip, accommodating up to 89 guests across 47 beds. With nearly 90 years of history, Eden Village combines Downeast Maine's artistic charm with modern amenities. Guests love its peaceful setting just 7 miles out of town. Over seven seasons, the current local owners have significantly improved the units, and they are willing to assist new owners in maintaining profitability and operational excellence. Significant renovations include eight of the ten motel rooms, new roofs on nine cottages and the motel's front roof (completed in 2018), and sunrooms added to seven cottages. Six cottages have undergone major renovations, demonstrating the care and investment of over $700k in improvements since 2018. A 3-bedroom, 1.5-bathroom manager's house is ideal for personal use or staff housing, adding convenience for the owners. Under inspired ownership, Eden Village has seen consistent growth and offers a solid income-producing opportunity. The stunning Maine landscape provides tremendous potential for expansion, such as adding a glamping-style camping resort, subject to local and state zoning laws. For those looking to own and operate a successful business, Eden Village offers a unique opportunity with a proven track record. Embrace this chance to be part of Bar Harbor's vibrant tourism industry. Schedule a showing today and embark on a rewarding journey as the proud new owner of this remarkable property.
Status:
Active
Type:
Commercial
Zoning:
Commercial
Frontage:
450
Heating:
Heat Pump, Forced Air
Cooling:
Heat Pump
Parking:
21+ Spaces, On Site
Acreage:
22.06
Est. Taxes:
$13,325
Construction
Wood Siding, Vinyl Siding, Wood Frame
Lot Description:
Water Frontage, Near Airport
Waterfront:
Yes
MLS #:
1593516
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Real Broker brandonhowlandrealtor@gmail.com