Wilson Lake Inn / For Sale

Hospitality for Sale
Catylist Listing ID: 30347878
Property Subtypes: Motel
Number of Units: 31 Units
Building Size (RSF): 13,350 SF
Gross Building Area: See Agent
Gross Land Area: 2.07 Acres
Sale Price: $1,950,000
Unit Price: $62,903.23 Per Unit
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Building Name: Wilton Lake Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/1/2019

Overview / Comments

The Wilson Lake Inn is located in the town of Wilton which offers many
activities. There is golfing at Wilson Lake Country Club and walking trails at
the Foothills Land Conservancy at the head of the lake. Kineowatha Park, a
62 AC park provides tennis, basketball and volley ball courts, a sandy beach,
walking trails, and a winter ice rink. Bass Park, located at the foot of the lake,
has a new playground and large gazebo with great views across the lake.

Wilson Lake Inn is just minutes from the University of Maine in Farmington
which offers many educational and cultural events. Augusta, the State capitol
is just a 50 minute drive; Portland and the coast are 90 minutes.

Outdoor enthusiasts will enjoy great hiking at Mt. Blue State Park, the largest
state park in Maine; as well as the trails on Tumbledown, Jackson and Bald
Mountains. Skiers and snowboarders have a variety of challenging mountains
and hills to choose from for both alpine and cross country. There is something
for every age and ski level. Sugarloaf’s summit of offers the only lift-serviced
above-tree line skiing in the Northeast and is a 45 minutes away. Closer, there
is Titcomb Mountain in Farmington and Black Mountain in Rumford; both with
alpine and cross country trails. For snowmobilers, the motor inn has direct
access to ITS 82 and is only three miles to the junction of ITS 82 and 89.
Open year-round, Wilson Lake Inn is financially viable and has strong repeat business. It is a unique property offering a rural life style and a growth
opportunity for a motivated owner.

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Franklin
Tax ID/APN: Map 19 Lots 4, 24, 24-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Feet of Frontage: 100
Number of Stories: 2
Property Condition: Excellent
Year Built: 1950
Year Renovated: 1990
Roof Type: Other
Construction/Siding: Wood Frame
Exterior Description: Vinyl Siding
Total Parking Spaces: 40
Parking Type: Surface
Heat Type: Propane
Zoning Description: Residential
Lot Frontage: 100
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,342 7,353
Median Age: 44.39 43.17
Households: 1,409 3,040
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.