3063 Bristol Rd - Hospitality FOR SALE


New Harbor, ME 04554
$3,100,000 USD
207-288-5818
3063 Bristol Rd, New Harbor, ME for Sale
$3,100,000 USD
Hospitality - FOR SALE
1/77
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3063 Bristol Rd
New Harbor, ME 04554


HIGHLIGHTS

  • expansion with weddings and restaurant
  • can operate year round

OVERVIEW

The Bradley Inn was built in the early 1900’s as a boarding house and converted to an inn as the area became a vacation destination. The nearly three-acre property offers multiple seating areas in which to enjoy the beautiful perennial gardens and fresh ocean air filled with the sound of the surf and sea gulls. The main inn includes 10 guest rooms, 1 guest suite, and several common spaces with fireplaces for guests to enjoy. There is also a beautiful restaurant and pub that is considered one of the best casual fine dining establishments in the area. The Seabreeze Spa is a small cottage next to the Main Inn that offers a lovely sauna and guests massage services. The Carriage House is a renovated barn that contains two guest rooms, one guest suite, and is set slightly away from the main inn. The suite features a living room with fireplace, full kitchen, a primary bedroom plus a sleeping loft. The Garden Cottage is a spacious, stand alone cottage with comfortable a seating area, full bathroom and private outdoor porch. This is an inn that checks so many boxes. Good size/number of rooms, events, food and beverage, literally steps from a popular coastal attraction, an owner’s apartment, and so much potential! PROPERTY DATA: 3063 Bristol Road, New Harbor, ME 04554 Lot size: 3 acres Map 34, Lot B76 Book 5119 Page 167, Lincoln County Registry of Deeds 2023 Tax Bill: $13,137 Main Inn built around 1910; Garden Cottage and Carriage House came later Total finished square footage: ~12,500 (5 buildings plus a utility shed) 15 guest rooms/suites, all with private ensuite baths, some with newly renovated tiled showers and floors Beautiful foyer with exposed beams, small office and gift shop Very large parlor with fireplace and plenty of seating Large dining room seats a maximum 36, 30 as it is set now Tavern seats 14 at the bar and ~32 at tables, depending on configuration Very large commercial kitchen with 10 burner Vulcan range, fryer, griddle (with Ansul system), Blodgett convection, plenty of refrigeration (walk-ins, reach-ins, low boys), commercial ice maker, dishwashing station, and ample prep space/tables Utilities: propane; private water & sewer Heat: boiler; baseboard hot water Hot Water: on demand w/separate boiler Exterior: cedar shingle and wood siding Onsite gravel parking lot for ~30 cars Basement: unfinished, walkout Wine room/storage Garage: 4 bay, detached, with plenty of room for a workshop, cars, lawn equipment, etc. 7 total gas fireplaces Spacious, well landscaped grounds with seating areas, 1 wood and 2 gas fire pits, surrounded by mature trees, and perfect for an outdoor or tented event Currently open seasonally, but could be open year round. FINANCIALLY VIABLE

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$200 USD /SF

# OF ROOMS

15

PRICE/ROOM

$206,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bradley Inn and Restaurant

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1890

PARKING SPACES

14

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

Village

APN/PARCEL ID

BRIL-000034-000000-B000000-000076

ASK ABOUT THIS PROPERTY

Dana MoosSwan Agency Real EstateMore Info
207-288-5818

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Dana MoosSwan Agency Real EstateMore Info
207-288-5818

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