ME > Solon
Solon, ME 04979,4 S Main ST
Solon, ME 04979,4 S Main ST
Solon, ME 04979,4 S Main ST
Solon, ME 04979,4 S Main ST
Solon, ME 04979,4 S Main ST
Solon, ME 04979,4 S Main ST
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Luke Morris

Luke Morris

+1(603) 401-5858
Listed by Real Broker • 207-314-8443
$ 399,000

15,206 SqFt

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$ 399,000
Save

15,206 SqFt

Key Details

Property Type Commercial Sale

Sub Type Investment

Listing Status Active

Square Footage 15,206 sqft

MLS Listing ID 1615161

HOA Y/N No

Year Built 1895

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Investment

Source Maine Listings

Land Area 15206

Property Description

Cash cow! This multiple six figure yearly net income and fully functional business is for sale as a package. The iconic Solon Hotel is unlike any other piece of history in the area and has a rich history dating back to the late 1800's. This gem located in the heart of Solon is a jack of all trades considering the many investment opportunities it offers! This one of a kind property was renovated in 2022 and brought back to life: New metal roof on the main building; all new windows throughout; fully painted; new electrical in first floor, basement and exterior; all new interior on the first floor including insulation, sheetrock, doors, flooring, lighting, new bar built for 24 stools with dual bartender workstations, tap beer system, and custom tables and chairs; and the event hall features plenty of space for live music, dancing, parties, gatherings, and receptions. The second, third, and fourth stories are packed with potential. Bring it back to being a hotel, apartments, Airbnb, or any other envisions you have. The opportunities are endless and potential is unmatched, especially at this price. Find year round traffic from locals, travelers, and tens of thousands of outdoor enthusiasts that use the ITS trail system just a stone's throw away. Enjoy white water rafting down the Kennebec, enjoy scenic views, and embrace all Northern Maine has to offer. Under 3 ½ hours to Boston, less than 2 hours to Portland and only 45 Minutes to Waterville, this location allows for seamless and convenient ownership no matter where you are traveling from! * Entire staff including general manager is willing to stay on with new ownership making it a turn key operation!

Location

State ME

County Somerset

Zoning Commercial

Rooms

Basement Full, Unfinished

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Wood, Laminate, Carpet

Exterior

Parking Features 21+ Spaces, On Site

Utilities Available 1

View Y/N No

Roof Type Metal

Accessibility Accessible Approach with Ramp

Building

Lot Description Downtown, Rural

Story 4

Foundation Stone, Other

Sewer Private Sewer

Water Public

Structure Type Wood Siding,Wood Frame

Maine MLS (MREIS) IDX
Luke Morris

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(603) 401-5858

[email protected]

P.O. Box 951, Wells, Maine, 04090, USA

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4 S Main ST