Full-Service Lodging Opportunity Presque Isle, ME

Property Location MAP

116 Main Street
Presque Isle, ME 04769

Property #: AP23006

Preview Times

Thu. 4/13 @ 12:00PM ET
Thu. 4/20 @ 12:00PM ET

Contact Agent

Ruth Lind, CAI, AARE, BAS
Tranzon Auction Properties

207-751-1430 rlind@tranzon.com
LENDER ORDERED AUCTION! Discover a rare investment opportunity in Presque Isle, Maine! This full-service lodging facility boasts 110+/- spacious and comfortable rooms, a restaurant, two bars, an indoor pool, fitness center, business center, gift shop, conference facilities, guest laundry, and vending area. Sitting on a 4.82+/- acre parcel, this property is the perfect destination for travelers looking for convenience and comfort.
Located in the heart of Presque Isle, Maine, guests will have easy access to all the local attractions, shopping, and dining options that the city has to offer. With a vibrant and growing community, Presque Isle is a great place to live and work, boasting a population of over 9,000 residents and a strong economy driven by healthcare, education, and retail.
Whether you're an investor looking for a profitable investment, or a hotelier seeking a new business opportunity, this full-service lodging facility is the perfect choice. With a thriving tourism industry and a growing population, Presque Isle is a great place to do business, making this property a smart investment for anyone looking to get into the lodging and hospitality industry. Don't miss this opportunity to own a piece of the vibrant and thriving community of Presque Isle, Maine!
Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594
Ruth P. L. Lind | ME AUC Lic. #1571 | ME RE Lic. #BA923350

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Ruth Lind, CAI, AARE, BAS

Ruth Lind, CAI, AARE, BAS: Tranzon Auction Properties

207-751-1430 rlind@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: None.
  • Closing: 45-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: $25,000, in certified funds. Deposit to be increased to equal ten percent (10%) of purchase price within five (5) days of auction.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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