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Offered at $349,900Active
beds
—
baths
0
sq ft
15,206
Built
1895

4 South Main Street

Solon, ME 04979

About this home

An incredible opportunity to own a piece of Solon's history! Dating back to the late 1800s, the iconic Solon Hotel is a landmark property filled with character, charm, and endless possibilities. Once a bustling hotel and most recently operated as a restaurant and bar, this one-of-a-kind property is ready for its next chapter! Extensively renovated in 2022, the main level has been beautifully transformed with updated electrical, insulation, sheetrock, flooring, lighting, doors, a custom-built bar with seating for 24, dual bartender workstations, a draft beer system, and custom tables and chairs. Additional improvements include a new metal roof on the main building, new windows throughout, and fresh paint. The spacious event hall offers tremendous potential for live entertainment, private events, weddings, receptions, and community gatherings. The real opportunity doesn't stop on the first floor! The second, third, and fourth levels offer a blank canvas waiting to be brought back to life. Imagine restoring the historic hotel, creating apartments, developing short-term rentals, or exploring a mixed-use investment opportunity. With the main level already extensively updated and the upper floors ready for redevelopment, the possibilities are exciting! Located in the heart of Solon, just moments from the ITS snowmobile trail system and close to the Kennebec River, whitewater rafting, hunting, fishing, and countless outdoor adventures, this property is ideally positioned to attract both locals and visitors year-round. Whether you're an investor, entrepreneur, or visionary looking to bring new life to a historic landmark, the Solon Hotel offers a rare opportunity to create something truly special. Bring your ideas and make this iconic property part of Solon's future!

Listing last checked: Listing updated:

Listed by Listing Agent · Real Broker · MLS #1687682

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Details at a glance

Interior3 property facts
Heating
Heat Pump
Cooling
Heat Pump
Flooring
Carpet, Laminate, Wood
Building4 property facts
Style
Mixed Use
Year built
1895
Foundation
Stone, Other
Roof
Metal
Land & utilities4 property facts
Lot size
1 acres
Water
Public
Sewer
Private Sewer
Zoning
Commercial

Location

Estimated monthly cost

Explore costs at the $349,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,769 / monthAdjust
Principal & interest
$1,769
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. HOA amount was not supplied.

Partial estimate: add property tax, 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 4 South Main Street

Can I request a private showing?

Request a tour of 4 South Main Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.