About this home
Situated just beyond the landmark Cribstone Bridge in Harpswell, Bailey Island Motel presents an opportunity to acquire a 19 key seasonal lodging property on approximately 3.5 acres. The motel combines classic Maine coastal character with refurbished accommodations and convenient access to local restaurants, shops, and recreation, providing a welcoming base for visitors exploring Bailey Island and the surrounding Midcoast region. Guest amenities include a freshwater swimming pool and outdoor gathering spaces with dining and grilling areas. The on-site Bailey Island Mercantile adds a boutique retail component, while private 3-bedroom, 2-bath owners'/managers' quarters provide the convenience of living and managing the property on site. Improvements completed in 2022 included guestroom and kitchenette renovations, replacement furnishings, and upgrades to electrical, heating, and cooling systems. Together, the updated accommodations, recreational amenities, and on-site living quarters may appeal to an owner-operator or hospitality group seeking an independent lodging business in a distinctive Maine island setting.
Listing last checked: Listing updated:
Listed by Listing Agent · Daigle Commercial Group, Inc. · MLS #1680361
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Details at a glance
Interior2 property facts
- Heating
- Electric, Forced Air, Heat Pump
- Cooling
- Heat Pump, Wall Unit(s)
Building4 property facts
- Style
- General Commercial
- Year built
- 1959
- Foundation
- Block
- Roof
- Metal, Shingle
Land & utilities4 property facts
- Lot size
- 3.5 acres
- Water
- Well
- Sewer
- Private Sewer, Septic Tank
- Zoning
- Commercial / Int
Financial2 property facts
- Annual taxes
- $6,280
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,775,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,499 / monthAdjust
- Principal & interest
- $8,975
- Property tax
- $523
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,280. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 2041 Harpswell Islands Road
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