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116 Main St
Presque Isle, ME 04769

$3,250,000 USD

Hotel For Sale  •  132,062 SF

Property Details

  • Property Type Hotel
  • Total Building Size 132,062 SF
  • Lot Size 4.82 AC
  • Building Class C
  • Year Built 1973
  • Zoning Business
0 Transit Score
30 Walk Score

Description

Interior Corridor Hotel offers a unique blend of comfortable guest rooms with modern amenities, strategic location, and strong market potential. Over 100 guest rooms and with recent renovations to 56 keys, along with additional property improvements to enhance the overall guest experience and operational efficiency. The hotel's restaurant and lounge facilities can be easily re-opened, providing additional income streams.

Another significant opportunity exists for franchise affiliation with a national hotel chain, which would greatly enhance the hotel's occupancy and revenue potential. This investment positions a new owner to capitalize on the region’s expanding tourism and business sectors.

The hotel is situated on 5+/- acres and enjoys prominent visibility located on US Route 1. The property has easy access to snowmobile trails (ITS83A), lakes, and other recreational activities. It is also near downtown Presque Isle, Presque Isle International Airport, and UMaine at Presque Isle Campus (within 500 feet).

Highlights

112 Guest Rooms and Extended Stay Suites
Capital improvements including guest rooms, lobby and entrance in 2023 and 2024
100+ Seat Fully Equipped Restaurant
Spacious Sports Bar
40 Seat Restaurant with Casual Lounge
Sprinkler system was updated to meet local requirements

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 128
Type: Surface
Included in Rent: Yes
Roger Daigle 207-773-4222 Daigle Commercial Group Inc
Roger Daigle 207-773-4222 Daigle Commercial Group Inc