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2 River Road, York, ME 03902

$2,195,000
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Pending
SQUARE FEET7,032 MLS#1656139
STATUSPending PROPERTY TYPECommercial - Business

Property Description

Two River Road Inn and Cottages is a rare opportunity to own an established, income-producing hospitality property at the gateway to York and Ogunquit -- one of the highest-demand summer tourism corridors on the East Coast.The property features 15 freestanding seasonal cottages and a fully renovated main house on 2.46 acres at the corner of Route 1 and River Road, minutes from York Beach, Short Sands, and Perkins Cove. The main house includes a beautifully renovated kitchen, a two-bedroom owner's suite, three guest suites, and a studio apartment. The owner just installed a new fire prevention sprinkler system required by the state. The grounds include a swimming pool and gazebo with mature landscaping and decades of returning guests -- many of them repeat bookings year after year.What makes this property exceptional is its flexibility. It works for multiple buyer types:For the operator or investor, it's turnkey now and ready for a new owner/operator, yet the cottage layout and acreage are ripe for a niche rebrand: a Pet-friendly resort, Cannabis-friendly resort, LGBTQ+ destination property, or a dedicated wedding party retreat with on-site lodging. Towns like York and Ogunquit draws some of the most loyal and high-spending tourism audiences in New England, and all of these niches are underserved in the area.For the lifestyle buyer -- live in the main house, put family and close friends in the cottages all summer, and offset carrying costs by renting the rest. The kind of generational compound that almost never comes to market on the Seacoast.The infrastructure is in place. The clientele is established. Offered at $2,2195,000 - will the next chapter in this property's story be part of yours as well?

2 River Road | MLS# 1656139

This commercial property located at 2 River Road, York, ME 03902 is currently listed for sale with an asking price of $2,195,000. Search York real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Full, Unfinished
Heating: Hot Water, Forced Air
Lot Size: 2.46 Acres
Roof Type: Composition, Shingle
Year Built: 1925

Feature Descriptions

Electric: Circuit Breakers
Exterior: Wood Siding, Wood Frame
Flooring: Wood
Foundation: Stone
Lot: Near Shopping
Parking: 11 - 20 Spaces, Off Street
Sewer: Septic Tank, Private Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Portside Real Estate Group
Agent Name: Travis Billingham
Agency Phone: 603-600-8900

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