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172 Main StreetSearsport, ME 04974Price: $699,000

  • Price: $699,000
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Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $699,000List Price
  • 38Acreage
  • 1949Year Built

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Listed by Realty of Maine
Yardarm Motel w/18 comfortable cottage style guest rooms . In addition to the motel is a lovely Georgian Colonial house built around 1851 by Shipbuilder Marlboro Packard. Situated on 38 +-acres w/pond . Home has 12 rooms w/5 bedrooms & 4 bathrooms ,formal dining room , sunny parlor and kitchen with commercial grade Vulcan gas range . Porch addition is now a pleasant breakfast room for guests. Lots of charm and space in this 3,460 square foot home. see photos . Motel was added in 1949 to 1950 adding approx . 8,645 square feet. . Rooms retain the warm touch of Ipswich Pine plus updated amenities, many have a sitting area. Photos are very revealing . Property sets up from road , well groomed lawn stretches along the 450 feet of frontage on busy Rt 1 . Sellers enjoy their beautiful historic home while being able to give service to lodging customers during summer season. Colorful flowers and trees frame the front ,plenty of space for gardening and outdoor activities . The Barn believed to have been built in 1882 , is approximately 36'X40' . Possibilities for business expansion is exceptional , see attached town commercial zoning list. Enjoy the sweet pace as current owners are or open up with an explosion of ideas and growth as you develop new & creative services . At one point the Yardarm served full Breakfast and dinner to motel guest plus public. The home could be a B&B service as well. This property offers uncommon blended opportunity. Imagine how you might repurpose this property. People need a place to live, medical is a growing need requiring offices and more, the large acreage may spark awesome ideas....just imagine what you can do. So near the Ocean and Bay, enjoy soft salty breezes. Come see and experience all this listing has to offer.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2020 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Cote & Howe Realty participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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