61 Fletcher Street

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61 Fletcher Street

Kennebunk, ME 04043-6709
Asking Price
$1.70M
Asset Type
Business and Building Mixed-use
Class
Class B

What's Special

a rare opportunity to own one of the area's most distinctive and versatile properties <ul><li>​Rare turnkey hospitality acquisition in one of southern Maine's highest-demand coastal markets</li><li>​Established, fully operational boutique inn offering 9 ensuite guest rooms across 5,594 square feet</li><li>​Existing guest following, earned accolades, and immediate income potential from day one</li><li>​Commercial-grade kitchen, fire suppression and sprinkler systems, off-street parking spaces, and all furnishings included</li><li>​Three fireplaces, multiple common areas, a screene

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

Location & Travel Times