Seller Financing Available

Asking Price:

$1,495,000

Gross Income:

N/A

Cash Flow:

N/A

FF&E:

Most furnishings included *

Inventory:

Current supplies included *

Real Estate:

N/A

Year Established:

1978

Employees:

0

Business Types:

Hotels & Other Lodging Places
Other Travel & Transportation

* included in the asking price

Business Description

Watch the sunrise over the ocean without leaving your bed! Listen to the ocean from a 3 story, 1900 era home once used by the Fitzgerald/Kennedy Family or from the attached duplex. Easy access to downtown area without the noise and activity - great location. All apts are ocean/beachfront and furnished mostly with selected antiques. The house may be opened up to provide one very large home as one unit or left as separate apts (3+) to use as a family compound or for income purposes. Or any combination inbetween. Live in one and use others for rental income. Duplex has access to main house as well for more family or friends. Oceanfront views from each apt, each with their own private oceanfront patio/deck. Private fenced yard between home and the beach. Beach just outside our gate. Very successful as current business with 90% return guests. Booked months in advance. Many other possibilites include possible Bed & Breakfast, Residential, total income, condo conversion, etc. Located on 7 miles of sandy beach in Southern Maine.

Detailed Information

Facilities:

This is located on a large unique oceanfront lot with unobstructed views. All furnishings except owners unit will be included in sale. All are furnished with antiques in keeping with the age of this historic home. There is a private driveway for 6 cars, additional street parking, constant upgrading of property and grounds. New roof, decks, windows, custom fencing, additions, appliances, flooring, etc.

Competition:

We are a unique property as we are oceanfront, beachfront, but in a homey situation, a quiet family area,with unobstructed views and about l/2 mile from the Amusement Park and Pier activitities. Easy walk but we don't get the noise of the town. We are not surrounded by hotels or condos, but more home like businesses as many live here year round. Unusual to find a large oceanview fenced in yard that offers privacy - not found in oceanfront properties!

Growth/Expansion:

We are located on a large Oceanfront lot which could allow an expanded footprint addition depending on set backs, codes, etc. The duplex could have a 3rd level as well for additional space. Condo or condohotel conversion could be an option. There is room for possible rate increase for income, additional services, and new ideas!

Financing:

Possible Owner Financing - Please contact for details

Support/Training:

We would be happy to work with new buyer in training for an agreed amount length of time, etc. to give them the utmost knowledge and ability for a smooth transition.

Reason Selling:

Health reasons are making the sale a necessity.