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About the Listing 3302 - 020422
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. 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?
Listing Highlights
Status
Active
Days on Site
1
Property Type
Commercial Sale
MLS ®
1656139
Year Built
1925
Total Square Footage
7,032
Lot/Acreage
2.46
County
York
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Near Shopping
- Garage Capacity: N/A
- Zoning: RT1-5
- Roof: Composition,Shingle
- Others:
- Sewer: Septic Tank,Private Sewer
- Parking Features: 11 - 20 Spaces,Off Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2 River Rd York, ME 03902
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