Congratulations to my buyers and future innkeepers, Todd and Angie! They closed on the former Island View Inn in Sullivan, Maine and plan to renovate and reopen this beautiful waterfront cottage sometime this summer. I know I can’t wait to visit!
SOLD! This waterfront inn in Sullivan, Maine, across Frenchman Bay from Bar Harbor Read More »
Glenmoor by the Sea Glenmoor by the Sea Glenmoor by the Sea Greenville Inn Greenville Inn In our experience here in Maine, commercial hospitality financing can take anywhere from 90-120 days. And commercial rates are still fairly low, between 4.5-5%. When does Maine’s tourism “season” kick off? Memorial Day weekend! That’s just shy of 120
This is the PERFECT time to buy an inn! WHY? Read More »
Congratulations to sellers Fred and Cindy and buyers/new owners Dani, Helena and Enrico of Bethel’s popular Jolly Drayman Pub and Briar Lea Inn! We wish them all the best! p.s. after closing I had a Manhattan, sampled the chicken spring rolls and panko fried pickle and all were delicious!
SOLD! Briar Lea Inn and Jolly Drayman Pub in Bethel, Maine Read More »
Glenmoor By The Sea in Lincolnville Maine offers it all. 10 beautiful waterfront acres on the Penobscot with gorgeous views of Islesboro. 33 units total, 19 guest cottages and 14 guest rooms. All very spacious, most with decks and all with views. There are 2 pools, a tennis court, an exercise room, two play areas
New Waterfront Listing in midcoast, Maine! Read More »
Now offered at $925,000 – check out the listing on my website for property information and photos!
New Price on this Camden Maine Bed and Breakfast overlooking the Penobscot! Read More »
Now offered at $850,000! Check out the listing on my website for property details and photos.
New Price! Inn at Bath in historic Bath, Maine Read More »
We hear that question frequently. In the world of residential real estate, it’s not only common, it’s often relevant to the deal. But not in the lodging industry. Why? It’s simple. Because buying a lodging business (or any type, really) is a discretionary purchase. Most people don’t have to buy a lodging property. Many people
“How long has it been on the market?” Read More »
In this industry we talk a lot about the lifestyle of being an innkeeper. But we also refer to the various types of businesses (inns/B&Bs, etc) as lifestyle, feasible or financially viable. Each of these are still a lifestyle, but there are various categories that generalize the level of revenue an inn might produce. “Financially
Lifestyle vs Feasible vs Financially Viable…Which is Right For You? Read More »
Clark Point Inn is a lovely, water view 5 room bed and breakfast in Southwest Harbor, surrounded by Acadia National Park. The inn is typically open an extended season of about 10 months and they have a strong business for a small inn. Adding a 6th guest room would allow owners to increase revenue quite
Adding a 6th guest room at Clark Point Inn in Southwest Harbor, Maine Read More »
The rates we have been seeing in hospitality and commercial lending in Maine for years had been relatively and historically low for commercial loans. However, in recent times they have increased quite a bit. Contact me to discuss current rates we are seeing with our hospitality lenders.
Not everyone who is a licensed real estate agent is a Realtor®?
A Realtor® is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country. Realtors® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some Realtors® are brokers, while some are associate brokers or sales agents. These are varying levels of education, licensing and often responsibilities.
And hospitality ‘Consultants’ or ‘Brokers’ who are not licensed in the state of Maine are not held to any standards the way we are here as licensed Realtors® in Maine, where consumer protection is paramount.
I am a REALTOR®, a real estate professional who has taken the extra step to belong to the National Association of REALTORS®. Through membership, I abide by a Code of Ethics and have gained expertise to help you navigate one of the most complicated and important transactions you’ll make in your lifetime.
Maine Inns for Sale
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