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THE JAMES PLACE INN 11 Holbrook St

7 Room Bed and Breakfast Freeport, ME 04032 $1,575,000 ($225,000/Room)

Investment Highlights

  • 7 EnSuite Guest-Room Inn and a Separate 3BR/2.5BA Owners House
  • Property is completely renovated and updated throughout - 5 Star Reviews on all Travel Sites!
  • Short Stroll to Freeport's Many Shops and Restaurants and the Famous LL Bean Store

Executive Summary

The James Place Inn B&B is tucked away on a tranquil side street in popular Freeport, Maine with just a short stroll to the many shops, restaurants and the famous LL Bean store.
This 7-room B&B offers a rare combination of a 1890's classic Inn with a contemporary private owners’ home built in 2001. The property sits in the heart of one of Maine's most attractive destinations with year-round activity and enjoys the benefit of being less than 17 miles from Portland, Maine’s largest city, arts center and famous culinary scene. Freeport is also home to the beautiful Wolf’s Neck State Park with oceanside trails and nature habitat.
The Inn offers charm and comfort with 7 ensuite guest rooms with private baths and beautiful common areas that are enhanced with an abundance of natural light.
The Innkeepers have taken the time, energy and substantial financial commitment to continue to improve The James's Place Inn with attention to detail to meet the expectations of today's savvy traveler. Improvements include, but are not limited to, the following: augmented parking area with 3 electric car charging stations; an outside deck for relaxation and breakfast; large common area and breakfast room; beautiful garden entrance with new quality signage; as well as fully sprinkled with fire alarms. Both home and Inn have modern top-quality metal/steel roofs and exterior has been recently painted (2024). The property also benefits from town water and sewer.
Owners will enjoy having the privacy of the custom built 3-bedroom 2.5 bath home with working fireplace, radiant floor heat, custom kitchen with beautiful cabinetry and slate sink/counters. Architectural details and quality materials are evident throughout. The home is separate from the Inn with its own laundry, kitchen, and entrance and deck.

Property Facts

Price $1,575,000
Price Per Room $225,000
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class B
Lot Size 0.30 AC
Building Size 5,439 SF
No. Rooms 7
No. Stories 3
Year Built/Renovated 1890/2001
Parking Ratio 1.84/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 7 $235.00 -

zoning

Zoning Code 850
850
  • Listing ID: 34007293

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 11 Holbrook St, Freeport, ME 04032

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