5 Jordan Shore Drive, Poland, ME 04274 (MLS# 1511424)

5 Jordan Shore Drive, Poland, ME 04274

$3,495,000
Property Type: Commercial Square Footage: 6,940 Lot Size (sq. ft.): 75,794 Status: Closed
Current Price: $3,495,000 List Date: 1/03/2023 Last Modified: 1/10/2025

Description

The Wolf Cove Inn is situated on the eastern shore of Tripp Lake in the Lakes Region of Maine. Resplendent with gardens, pine groves, lawns and a sweeping shoreline, guests enjoy beautiful sunsets on nearly 2 acres with over 550 feet of private shorefront on the lake. The inn features12 guest rooms - 11 in the main inn and 1 stand alone ADA compliant cabin, (built in 2016). There is a large main lounge/dining room for guests, plus a beautiful sun porch (popular for very small indoor wedding ceremonies). The commercial kitchen includes a Dacor gas range, fire suppression system hood, 3 commercial refrigerators, 3-bay sink and sanitizing dishwasher. Owner/manager's 1,200 sf apartment (renovated in 2014) consists of 2 bedrooms, 1 bath, granite kitchen, separate living and dining rooms, open floor plan, with direct access to the garage and private outdoor sitting area. Wolf Cove Inn has built a reputation for romantic, lakeside small weddings with a gorgeous waterfront backdrop. Homemade gourmet breakfasts are included with every guest stay. Add-ons include salad, pizza and dessert, chocolates and flowers, plus options for beverages with their full service liquor license. This is a strong, financially viable year round business and a wonderful opportunity for new owners to continue to grow the business and maintain the fantastic reputation.

Supplements: ********

More Information MLS# 1511424

Location Information

Street #: 5 Street Name: Jordan Shore Street Type: Drive County: Androscoggin Town: Poland State/Province: ME Zip Code: 04274 Leased Land: No Book: 8838 Page: 112 Map: 0032 Lot: 1 Zoning: Shoreland Zoning Overlay: Yes Full Tax Amount $: 15780 Tax Year: 2021 Association Y/N: No Geo Lat: 44.041531 Geo Lon: -70.425572

Contract Information

Status: Closed Original List Price: 3695000 Sold Price: $3,495,000 Current Price: $3,495,000

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Unknown Bank Owned REO: No Year Built: 1894 Year Renovated +/-: 1996 Total # Floors: 3 SqFt Finished Total: 6940 Lot Size Acres +/-: 1.74 Road Frontage +/-: 473

Status Change Info

Pending Date: 2023-03-15 Closed Date: 2023-06-07 Closed Price: 3495000

Sold Info

Appraiser Email Address: jimberry@cushwake.com

Property Features

Location: Near Airport; Near Turnpike/Interstate; Water View; Waterfront Construction: Wood Frame Property Uses: Bed & Breakfast Basement: Brick/Mortar; Crawl Space Foundation Materials: Block Exterior: Vinyl Siding Roof: Metal Heat System: Baseboard; Heat Pump; Other Heat Fuel: Oil Cooling: Heat Pump; Other Floors: Carpet; Tile; Wood Building Features: Cable; Fire System; Generator; Internet Access Available; Sprinkler - Wet Parking: 11 - 20 Spaces; Garage; On Site Electric: Generator Hookup Gas: Bottled Sewer: Private Sewer; Septic Tank Water: Private; Well
Listing Office: Portside Real Estate Group
Last Updated: January - 10 - 2025
5 Jordan Shore Drive, Poland, ME 04274- MLS# 1511424
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