Business & Investment

Top 5 Vacation Rental Investment Opportunities in Maine

The explosive growth of the vacation rental business has provided a favorable opportunity for Mainers seeking to share our special corner of the world. Today, including the iconic oceanfront restaurant with rental cottages in Phippsburg, a cluster of four cabins on the water outside Camden, and a historic oceanfront brick building offering two apartments and retail space in Eastport. Introducing the top 5 vacation rental investment opportunities for sale. , Four apartments outside Boothbay Harbor, and a rare multi-unit home in the picturesque Deer Isle Stonington Harbor. See below for these Maine vacation rental investment opportunities.

1) Spinnies Restaurant & Guest House
Phippsburg, Maine

987 Popham Road, Phippsburg, Maine
Offer for $ 2,299,000
Representative by John McCarthy

Symbolic Spinnies Restaurant & Guest House Phipsburg is on the market and is in a great location just outside Popham Beach State Park and next to the historic Fort Popham and Segin Island Ferries. The property features a rustic coastal interior, beachfront outdoor deck, ice cream shop, gift shop, ample parking, on-site staff housing, vacation rental apartments and a fully operational restaurant with cottages. included. Learn more about this Maine vacation rental investment opportunity.

2) Oceanfront cabin on the outskirts of Camden, Maine

2159 Atlantic Highway, Lincolnville, Maine
Offer for $ 1,900,000
Representative of Valerie Foster & Leslie Tranchel

This four-year cabin cluster in the waters of Lincolnville is a magical oasis, perfect for vacation rentals and other Maine coastal hospitality ventures. Located on 6 acres of private rocky beaches, cabins range from lofted two-bedrooms, wood-burning fireplaces, luxury whirlpools to one-storey one-bedroom cabins. Learn more about this Maine vacation rental investment opportunity.

3) Oceanfront apartment & commercial space
Eastport, Maine

49-55 Water Street, Eastport, Maine
Offer for $ 889,000
Representative by Elizabeth Banwell

Originally built in 1886, this historic waterfront brick building in Eastport is a rare investment opportunity with two vacation rental apartments and two street-level commercial spaces on the water. Overlooking Canada’s Campobello and Deer Isles, Eastport is the ultimate definition of “down east” and is close to popular tourist destinations such as Shackford Head and Cobbscock Bay State Park.

NS Down east Magazine feature articles “Can Cobbscock Bay be the next Mount Desert Island?” Explore new ways Cobb Cook Shores A network of 15 waterfront parks and other developments around Eastport and Rubeck set the stage for a strong future tourism and recreation industry. Companies are already paying attention. Bar Harbor Classic, Diver Ed’s Dive Theater, Marine Education Boat Cruise, Recently moved to Eastport Take advantage of the thriving marine life in Cobbscock Bay. In addition, Eastport has recently experienced an explosive increase in real estate sales. Over the last 15 years, a total of 377 properties (including commercial, land, residential multi-units, and single-family homes) have been sold in Eastport, 78 of which have been in the last nine months, or a staggering 20. %, According to MLS.

Learn more about this Maine vacation rental investment opportunity.

Four) Coveside Apartments outside Boothbay Harbor, Maine

41 Hendricks Hills Road, Southport, Maine
Offer for $ 825,000
Represented by Dennis Gleason

Welcome to Coveside on Southport Island. A quaint coastal town connected to Boothbay Harbor by a swing bridge and home to the picturesque Hendrix Head Lighthouse. There are four apartments on the Coveside, with a 220-foot frontage on the Tide Decker Cove with docks and floats. Learn more about this Maine vacation rental investment opportunity.

Five) Stonington Harbor Apartments in Deer Isle, Maine

7 Seabreeze Avenue, Stonington, Maine
Offer for $ 583,900
Represented by Laura Fur

Overlooking the picturesque Deer Isle, Stonington Harbor, these two units of New Englanders were built in 1860 and have a rich history. This is the first time the town’s location has been offered on the open market under the same ownership for 50 years. Each floor of these two units has two bedrooms, one full bathroom, bonus storage space, a garage and a workshop. There is a nice covered pouch to see the working waterfront as Stonington’s lobster man carries his daily catch. Learn more about this Maine vacation rental investment opportunity.

Top 5 Vacation Rental Investment Opportunities in Maine

https://www.legacysir.com/blog/2021/10/27/maine-vacation-rental-investment-opportunities/ Top 5 Vacation Rental Investment Opportunities in Maine

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