11 Holbrook St - Hospitality FOR SALE


Freeport, ME 04032
$1,575,000 USD
207-522-3638
11 Holbrook St, Freeport, ME for Sale
$1,575,000 USD
Hospitality - FOR SALE
1/34
null | Request Cap Rate

11 Holbrook St
Freeport, ME 04032


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$290 USD /SF

# OF ROOMS

7

PRICE/ROOM

$225,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

THE JAMES PLACE INN

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1890

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

850

APN/PARCEL ID

FPRT-000011-000011

ASK ABOUT THIS PROPERTY

John McCarthyLegacy Properties Sotheby'sMore Info
207-522-3638

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John McCarthyLegacy Properties Sotheby'sMore Info
207-522-3638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.