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241 North St
Houlton, ME 04730

Ivey's Motor Lodge · Hospitality Property For Sale · 28,152 SF

Investment Highlights

  • 50 spacious guest rooms and suites with varying sizes and layouts
  • On-site pub/lounge
  • 4 electric vehicle chargers
  • 2 efficiency apartments
  • 4 acres
  • Consistent cash flow

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 8.40 AC
Building Size 28,152 SF
No. Stories 1
Year Built/Renovated 1985/2012
Parking Ratio 3.55/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • Room Service
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen

About 241 North St , Houlton, ME 04730

Ivey's Motor Lodge, offering 50 spacious and newly designed, interior corridor guest rooms and suites, is a consistently strong performer located at the intersection of I-95 (Exit 302) and U.S. Route 1. Additional amenities include an on-site pub/tavern (O'Kelly's Irish Pub), guest laundry room, electric vehicle chargers, and a manager's quarters. As the closest lodging facility to the US/Canada port of entry along I-95, the GSA approved and well-maintained 4 acre property offers convenient access to the best of everything that Northern Maine and Western New Brunswick have to offer. The location is right off the Interstate Trail System (ITS) 83 with plenty of truck and trailer parking.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HOUL-000028-000000-000018
Land Assessment
$344,700
Improvements Assessment
$2,700,600
Total Assessment
$3,045,300

zoning

Zoning Code Highway Business
Highway Business
  • Listing ID: 26110376

  • Date on Market: 7/7/2022

  • Last Updated:

  • Address: 241 North St, Houlton, ME 04730

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