357 Main StreetCaribou, ME 04736MLS Number 1504855

  • Sale Price: $280,000
  • 8 Days Since Sale
$/month over payments
Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
357 Main Street Caribou ME 04736
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  • 3.36Acreage
  • 1966Year Built
You won't want to miss this investment opportunity! 14 Units plus a 2-Bedroom owner's home & owner's garage! Occupancy well over industry standards.Known for its clean and affordable rooms, this motel opportunity comes with the units fully furnished, includes reservation system - turn-key! Well-maintained, new (July 2021) chimney cap, new (2019) metal roof on the main building! And the main building furnace was new in 2010 & the secondary building furance was new in 2011!Work from home and earn the motel income!There is also undeveloped acreage behind the motel - did anyone say ''cabins?!'' After 23 years, owner is retiring - what a run!Must be pre-qualified and must sign a confidentiality agreement.Don't let this business opportunity pass you by, say ''goodbye'' to your boss and BE your own boss!
Listed by RE/MAX North Realty

Listing Sold by RE/MAX North Realty

Driving Directions

Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number357
  • StreetMain Street


  • BasementFull, Unfinished
  • Stories1
  • Total Units15
  • Year Built1966
  • FoundationOther
  • Building ConstructionMasonry
  • Building FeaturesInternet Access Available
  • RoofMembrane, Metal
  • Year Renovated1972


  • ExteriorBrick


  • Amenities32 - 36 Inch Doors, Level Entry
  • Other AmenitiesBasement


  • Number of Photos36
  • Last Img Trans Date08/18/2021

Tax Information

  • Tax Year2,020


  • StateME
  • TownCaribou
  • Zip04736
  • LocationNear Shopping, Other Location
  • CountyAroostook
  • Map42


  • Acreage3.36
  • Sq Ft Finished Total5,073
  • Leased LandNo


  • FloorsCarpet, Laminate


  • Heat SystemBaseboard, Hot Water
  • Heating FuelOil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingA/C Units
  • ElectricCircuit Breakers
  • GasNo Gas

Basic Information

  • List Price$295,000
  • MLS Number1504855
  • Address357 Main Street
  • Broker NameRE/MAX North Realty
  • Modification Date10/22/2021
  • Virtual TourView Tour
  • Agent ID005522
  • Broker ID1714
  • MLS StatusClosed
  • Property SubTypeMulti Family
  • Sale Date10/20/2021
  • Sale Price$280,000

Property Information

  • Property UsesHotel/Motel
  • Zoning OverlayYes


  • Parking Spaces11 - 20 Spaces, Garage, On Street

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