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Listed by Roy Donnelly The Boulos Company
$9,500,000
Est. payment /mo
16,841 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type General Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,841 sqft
Price per Sqft $564
MLS Listing ID 1666310
HOA Y/N No
Tax Year 2024
Lot Size 0.890 Acres
Acres 0.89
Property Sub-Type General Commercial
Source Maine Listings
Land Area 16841
Property Description
The Queen Anne's Revenge represents a branding and operational value-add
opportunity with the scale of a boutique hotel and the 'feel' of a high-end bed &
breakfast. Against the backdrop of recent hotel development moratoriums, this
modernized asset with updated building and mechanicals allows an investor to
buy into a premier location and increase the value of their equity through targeted
guest-facing renovations, brand building, and expansion of food & beverage business. By elevating the property's brand identity and optimizing its digital presence, a new owner can capture greater market share in Bar Harbor's high-end boutique hospitality segment.
opportunity with the scale of a boutique hotel and the 'feel' of a high-end bed &
breakfast. Against the backdrop of recent hotel development moratoriums, this
modernized asset with updated building and mechanicals allows an investor to
buy into a premier location and increase the value of their equity through targeted
guest-facing renovations, brand building, and expansion of food & beverage business. By elevating the property's brand identity and optimizing its digital presence, a new owner can capture greater market share in Bar Harbor's high-end boutique hospitality segment.
Location
State ME
County Hancock
Zoning Downtown Residential
Interior
Heating Oil, Baseboard, Heat Pump
Exterior
Parking Features 21+ Spaces, On Site
Building
Lot Description Business District, Near Shopping
Entry Level Multi-Level
Water Public
Others
Tax ID 104/185 & 186
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Nearby School & Business