Harbor Watch Inn
Swan's Island, ME
Offered for sale at $425,000
This property would be ideal for an individual (or couple) who has retired but isn't quite ready to stop working. With four units on the first floor and a full-sized apartment upstairs, it is the perfect set up for a resident manager. If you've dreamed of living on a Maine island, but didn't think you could afford it, this property gives you a beautiful home with built-in income!
The two units that face the parking lot have two full beds, private bath, fully equipped kitchenettes, sitting and dining areas, exterior entrances off the shared deck. The two units that face the harbor are a little larger and have all the features of the other units as well as full kitchens and private balconies. The one-bedroom apartment upstairs has a living room, dining area, large galley kitchen, and huge bath with separate garden tub. There is additional unfinished space on this floor currently being used for storage that could be converted into another unit.
The property sits on about 1/3 of an acre and has wonderful views. Because it does not have frontage, the taxes are very reasonable. There is plenty of access to water within walking distance. Other special features include a Tesla charger and a solar array that offsets a large portion of the electric bill.
The inn has always been open year-round. Our busy season is May-October, with July-August being the heaviest traffic. While there are several houses on the island that are rented out by the week or month, we are the only option for guests looking for stays of less than a week.
Swan’s Island is very unique. Please visit our website and read ALL of the information before reaching out. This sale includes the building and grounds, book of business, website, and reservation system. Owner finance is not being offered.
Property Details- 5 Guest Rooms
- 5 Guest Room Baths
- Has Owner's Quarters
- Built in 1980
- Last Renovated in 2023
- Opened in 1980
- Building is 4,000 SQFT
- Lot is 0.3 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $425,000
- Occupancy Rate: 50%
- Annual revenue is $65,000
- Terms: no owner finance
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