The Sterling Inn

Caratunk, Maine

Asking Price: USD $695,000
Guest Rooms: 15    6
Owners Quarter: 3    1

Property Overview

The Sterling Inn was built 1816 in the still popular upper Kennebec Valley. It was completely remodeled in the 1990's and the current owners have accomplished many upgrades since 2012. Currently the Sterling Inn is a meticulously maintained vibrant and profitable bed and breakfast. It offers 15guest rooms with 6 guest bathrooms. There are owner's quarters with private bath along with a third-floor room that is used for staff lodging. Located approximately 1 mile from the Appalachian Trail the Sterling Inn is a welcome stop for hikers to enjoy a hot shower, bed, and resupply at the well provisioned store at the Inn. With over 60,000 people visiting the area to enjoy whitewater rafting on the Kennebec and Dead Rivers there are always guests that desire a quiet bed and breakfast experience. The Inn is located near ATV and snowmobile trails for the motorized vehicle enthusiasts as well as ample opportunities for fishing, hunting, birding, and general relaxation. A public boat launch on Wyman Lake is on 0.5 miles from the Inn. The sale includes a long list of personal property and equipment so that there will be non-interrupted business after the purchase.

About the Owner's Quarters

Den, Bedroom and office with separate entrance to the kitchen and outside.

Features:
  • Includes a Restaurant Restaurant
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Mark Leathers (Listing Agent)
  2073564388
Realty of Maine

MLS:

1591043

Sq Ft:

7,000

Owner's Quarters Sq Ft:

200

Acres:

7

Year Built:

1816

Last Renovated:

2024

Years in Business:

11

MLS:

1591043
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Financial Overview

Asking Price:

USD $695,000

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