$2,950,000
Katahdin Inn & Suites
Muroff Hospitality Group is proud to exclusively present the opportunity to acquire the Katahdin Inn & Suites. Located in Millinocket, Maine, the gateway to Mt. Katahdin in Baxter State Park, this property offers a prime investment opportunity in a premier outdoor destination. Renowned for its scenic beauty and recreational opportunities, Millinocket attracts visitors seeking both adventure and relaxation. Nestled in the heart of the scenic Mt. Katahdin Region and situated along the 89 Mile Scenic Byway. It’s convenient location along a primary tourist route and recent upgrades make the Katahdin Inn & Suites an excellent investment in Maine’s thriving outdoor tourism market.
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Details
Price
:
$2,950,000
Property Type
:
Boutique Hotel
Purpose
:
Buy
Status
:
Available
Address
:
740 Central Street
State
:
ME
Zip Code
:
04462
City
:
Millinocket
No. Guest Rooms
:
77
Property ID
:
1379590
Features
Features
77 guest rooms & suites, offering scenic views for leisure or business travel.
Indoor heated pool and hot tub; billiards; game room; fitness center.
Versatile meeting & event spaces for weddings, corporate retreats, etc.
Conveniently located near Baxter State Park, home of majestic Mt. Katahdin.
Easy access to renowned hiking trails, fishing spots, and snowmobile routes.
Great upside potential! Current mgmt is offsite & dependent on staff.
