$ 3,200,000 $ 3,750,000 14.7%

986 State Highway 3

Bar Harbor, ME 04609

  • 8,782 SqFt
  • 22.06 Lot Size
  • 1950 Year Built
Eden Village Motel and Cottages is a thriving lodging business ideally located along the main throughway to Bar Harbor, near Acadia National Park, which sees 3-4 million seasonal visitors. This 22+ acre property features 21 units, offering a profitable opportunity for those interested in hospitality. The front 4 acres house all the building structures, with Eden Village boasting unique spacing between units. The property includes 11 unique private cottages and a 10-room motel strip, accommodating up to 89 guests across 47 beds.

With nearly 90 years of history, Eden Village combines Downeast Maine's artistic charm with modern amenities. Guests love its peaceful setting just 7 miles out of town. Over seven seasons, the current local owners have significantly improved the units, and they are willing to assist new owners in maintaining profitability and operational excellence.

Significant renovations include eight of the ten motel rooms, new roofs on nine cottages and the motel's front roof (completed in 2018), and sunrooms added to seven cottages. Six cottages have undergone major renovations, demonstrating the care and investment of over $700k in improvements since 2018.

A 3-bedroom, 1.5-bathroom manager's house is ideal for personal use or staff housing, adding convenience for the owners. Under inspired ownership, Eden Village has seen consistent growth and offers a solid income-producing opportunity. The stunning Maine landscape provides tremendous potential for expansion, such as adding a glamping-style camping resort, subject to local and state zoning laws.

For those looking to own and operate a successful business, Eden Village offers a unique opportunity with a proven track record. Embrace this chance to be part of Bar Harbor's vibrant tourism industry. Schedule a showing today and embark on a rewarding journey as the proud new owner of this remarkable property.
Listed by Real Broker , Sold By Better Homes & Gardens Real Estate/The Masiello Group

PROPERTY DETAIL

  • Key Details

    Sold Price $3,200,00014.7%

    Property Type Commercial Sale

    Sub Type General Commercial

    Listing Status Sold

    Square Footage 8, 782 sqft

    Price per Sqft $364

    MLS Listing ID 1593516

    Sold Date 03/07/25

    HOA Y/N No

    Year Built 1950

    Annual Tax Amount $13,324

    Tax Year 2023

    Lot Size 22.060 Acres

    Acres 22.06

    Property Sub-Type General Commercial

    Source Maine Listings

    Land Area 8782

  • Location

    State ME

    County Hancock

    Zoning Commercial

  • Building

    Lot Description Waterfront, Near Airport

    Sewer Septic Tank, Private Sewer

    Water Well, Private, Public

    Structure Type Wood Siding,Vinyl Siding,Wood Frame

  • Interior

    Heating Heat Pump, Forced Air

    Cooling Heat Pump

    Equipment Internet Access Available

  • Exterior

    Parking Features 21+ Spaces, On Site

    View Y/N No

    Roof Type Metal,Shingle

  • Others

    Restrictions Unknown

    Energy Description Propane, Oil, Electric, Gas Bottled

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message