Commercial for Sale: 441 Newburgh Road, Hermon, ME 04401

$2,900,000
$2,900,000
441 Newburgh Road, Hermon, ME 04401
$2,900,000
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Price:
$2,900,000
$600,000 - 11/04/2024

Type Commercial
Square Feet 7,700 sqft
Lot Size 69.62 acres
Year Built 2005
Taxes Paid $8,297

City Hermon
County Penobscot

MLS 1604436
Status Active
DOM 94 days
Time for a change of lifestyle - own your own ski mountain! New Hermon Mountain Inc. is a family-owned and operated ski area for the past 30 years in one of the fastest growing towns in Hermon, Maine. The mountain boasts 100% snow making coverage with it's own pump house on Hermon Pond, supplying all the water needed. There are 2 lifts and 20 marked trails, night skiing, half pipe, a tubing park and a top-notch National Ski Patrol program. The slopes are just right for both novice skiers and experts alike. Not a skier? Take the tubing lift up then speed down the 600-foot tubing park. The main lodge was built in 2005 with 8500sq ft and houses the rental shop, snack bar and kitchen, open area seating and ski school area. There is a partially finished private 2nd floor with potential for various applications- currently built out with a bedroom and bathroom. The building has an alarm system, radiant heat and a great office space or crew lounge. The possibility exists to expand the mezzanine to include a bar or restaurant expansion. The current owners are retiring after three decades of operating and are ready to hand over the reins to the next generation. A 20 year manager with all operations knowledge would like to stay on. Enjoy views of Mt Katahdin from the top of the 69.62 acres. A side access road leads you to the mountain top for further expansion. Possibilities include house lots, condos, or an events venue to take advantage of the amazing views. Additional revenue opportunities exist with the communications tower. Lease equipment space on the tower for additional income (interest expressed by cell tower operators to lease space as well).The equipment list and inventory is lengthy and included. The current owners installed a new chair lift and added the tubing park during their tenure, and new pump house equipment. The mountain has a large generator for use in snowmaking and a 2nd one as well.

Room Features

Basement Description Brick/Mortar, Partial

Lot & Building Features

Cooling Heat Pump, None
Tax Year 2023
Taxes Paid $8,297

Price History of 441 Newburgh Road

Date Name Price Difference
11/04/2024 Price Adjustment $2,900,000 17.14%
09/20/2024 Listing Price $3,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 441 Newburgh Road, Hermon, ME

Location Map Street View
Photo of Candace Azotea
Direct: 603-502-5683
Office
55 Congress St Suite A
Portsmouth, NH 03801
603-431-1100
Listed by Realty of Maine, Renee Hudgens & Timothy McClary 207-942-6310
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0.28610344827586%
6.75%
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441 Newburgh Road (MLS #1604436) is a commercial listing located in Hermon, ME. This commercial listing is 7,700 sqft and on a lot of 3,032,647 sqft (or 69.62 acres) and is 19 years old. This property was listed on 09/20/2024 and has been priced for sale at $2,900,000.

Nearby zip codes are 04419, 04444, 04450 and 04456. This property neighbors other cities such as Carmel, Glenburn, Hampden, Levant and Newburgh.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Realty of Maine

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.