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Located at 400 US Route 1 , Edgecomb, Maine 04556, this Commercial is for Sale with a price of $895,000 USD. This listing has 9,962 Sq.Ft. of interior space on a lot of 5.75 Acres. See all Homes for Sale in Edgecomb.

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1. 400 US Route 1
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MaineEdgecomb400 US Route 1

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Description

400 US Route 1 ,

Edgecomb, ME 04556

Listing Courtesy of Julie Cromwell, Cromwell Coastal Properties


Endless Possibilities Await at The Pioneer Motel - A Rare Investment Opportunity on Bustling Route 1!Step into a turn-key hospitality venture with The Pioneer Motel, a unique income-producing property nestled on 5.75 acres of prime real estate along highly visible and well-traveled Route 1. Whether you're an investor, entrepreneur, or visionary looking to expand, this property offers incredible potential for growth, creativity, and profit.At the heart of the property is a spacious 2005 manufactured home (28x70), currently serving as both the motel office and a private residence. This comfortable and well-kept home features 3 bedrooms, 2 bathrooms, an office space, and a gated backyard complete with an above-ground pool a perfect blend of business and personal comfort.The 1985 garage (20x26) offers even more value with a rented second-floor apartment, generating immediate income.The motel includes multiple efficiency units housed in several buildings: Rooms 1-4: A 28x88 ft building featuring four 1-bedroom efficiency apartments. Rooms 14-20: A 17x130 ft structure with four more 1-bedroom units (normal motel rooms), one fully finished efficiency apartment, and one additional unit currently under construction offering instant expansion opportunity. Units 24-30: A 28x100 ft building containing five 1-bedroom efficiency apartments, one 2-bedroom efficiency unit, and one additional 1-bedroom unit (motel room), creating a diverse portfolio of rental options.Multiple outbuildings provide ample storage for equipment and supplies, making operations seamless and efficient.With plenty of open land and exceptional road frontage, the property invites future development or expansion. Capitalize on its strategic location and steady traffic flow for maximum visibility and endless potential.Don't miss your chance to own this multi-faceted gem The Pioneer Motel is ready for its next chapter. Will you be the one to write it?

Data provided by : MREIS MLS

Email/Phone : (207)208-9311

PROPERTY

  • Association
    No
  • Electric
    Combination
    Circuit Breakers
  • Land Lease
    No
  • New Construction
    No
  • Parking Features
    21+ Spaces
    On Site
  • Property Sub Type
    Mixed Use
  • Sewer
    Private Sewer
  • Water
    Private

EXTERIOR

  • Garage
    No
  • Garage - Attached
    No
  • Lot Features
    Other Location

INTERIOR

  • Building Area Total
    9962
  • Cooling
    No
  • Fireplace
    No
  • Spa
    No
$895,000
price
$9,138
Annual taxes
Commercial
Property type
Available
market status
Edgecomb
School District
1624585
MLS ID
308
Days Posted
9,962 Sq Ft.
interior
5.75 Acres
Exterior

400 us route 1
Edgecomb, ME 04556

$895,000