Even though there is still snow on the ground, it has been a VERY busy spring for Hospitality and Commercial properties at The Swan Agency Sotheby's International Realty.
Two significant Bar Harbor sales, Sea Breeze Motel at $1,881,000 and Ullikana Inn at $2,150,000 closed in March 2017. Gail Caruso represented the sellers on the Sea Breeze transaction - Kimberly Swan brokered the sale of Ullikana.
There are still commercial properties selling this spring with both the Graycote Inn in Bar Harbor and the Bradley Inn in New Harbor scheduled to close soon. Other contracts are currently in negotiation and we anticipate more properties to be sale pending soon.
Check out our https://www.maineinnsforsale.com/ page to get more insight into our Bed & Breakfast Inn listings. This is an industry that more and more people are finding to be not only lucrative but also very satisfying.