Maine Bed and Breakfast For Sale

Though the tourism business still flourishes inpotential for further expansion, and were closed
Maine, there are bed and breakfast owners whofor one reason or another. They include residential
wish, for various reasons, to sell theirhomes that can be converted into a bed and
establishments. There are bed and breakfast innsbreakfast inn, and vacant plots where new
available for sale throughout the state of Maine.facilities can be built. Many have surrounding
They include an all season 1790, Greekwoods, landscaped areas or gardens around them.
Revival-style home with five bedrooms on .90Most buyers are people who wish to continue the
acres for $725,000; an 1850, three bedroom innbusiness or convert the property into an exclusive
on 4 acres for $229,000; a 1972, five bedroomprivate residence.
inn on 1.25 acres for $549,000; a 1928, 17Many factors contribute to the value of a
bedroom lodge on 1.77 acres for $1,650,000, andproperty. Antiquity is an asset, but a buyer should
an 1810, sea captain's home with 9 guest roomsfirst look at the year the building was renovated
for $995,000. An 18-room inn in a smalland whether large amounts of money have to be
picturesque mountain village with an annualspent on repairs. Considerations like location, view,
turnover of $1.3 million is offered for $2.2 million.amenities, furniture and fittings and goodwill also
The list changes as transactions are concluded andhave an impact on the price. A facility that has
new offers are posted. Most buildings havemembership of Select Registry - Distinguished
owner's quarters either attached to the mainInns of North America may command a higher
building or separate in the same compound.price. The value will be definitely higher if the
The properties can be categorized as fullyproperty is listed in the National Register of
developed facilities with established client basesHistoric Places.
and marketing arrangements. Most places have