400 US Route 1
Edgecomb, ME 04556
Square Ft.
9,962
$895,000
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,… Read More 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? Read Less
Courtesy of Cromwell Coastal Properties (207)208-9311
Listing Snapshot
Days Online
197
Last Updated
Property Type
Mixed Use
Square Ft.
9,962
Lot Size
5.75 Acres
MLS Number
1624585
Additional Details
Building
Building Area Total: 9,962
Lot
Features: "Other Location", 5.75 acres, Area: 5.75, 250,470 square feet
Parking
Features: "21+ Spaces", "On Site"
Property
Business Type: "Hotel/Motel", Parcel Number: 400USRoute1Edgecomb04556, Property Sub Type: Mixed Use, Zoning: GCD
Sewer
Sewer: "Private Sewer"
Taxes
Annual Amount: $9,138, Tax Lot: 1
Utilities
Electric: "Combination", "Circuit Breakers", Water Source: "Private"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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