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Pʟʁʹdɫ˘ Iɷʰʟʁdʹceʦ ڦрѶтцфѶппп Acadia Ba˘ Iɷɷठ Sʹɫɫiˑaɷठ Maiɷe

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Page 1: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Proudly Introduces$ 1 , 3 7 5 , 0 0 0Acadia Bay Inn, Sullivan, Maine

Page 2: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Maine Inns For Sale Acadia Bay Inn

Page 3: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Maine Inns For Sale Wilson Lake Inn

Page 4: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Maine Inns For Sale Acadia Bay Inn

Page 5: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Maine Inns For Sale Acadia Bay Inn

Page 6: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Maine Inns For Sale Acadia Bay Inn

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Maine Inns For Sale Acadia Bay Inn

Page 8: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Maine Inns For Sale Acadia Bay Inn

Location

The PortlandInternational Jetport isabout 3 hours away;Bangor International isan hour away; bothCamden andCampobello Island areabout a 90 minutedrive. So it's really easilyaccessible to many. And being right onRoute 1 makes it easyto not have to traveldown a peninsula getto and from.

Ellsworth is just 15minutes away andoffers some greatrestaurants, shopping,services and a breweryor two.

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Acadia Bay Inn sits on lot 42 which is 1.1 acres on the water but they alsoown lot 33 which is .57 acres. That was done to preserve roadsidepresence, prevent anything from being built in that area, and it's a perfectlocation for the Acadia Bay Inn sign. You approach the top of the 'hill' at the lookout and think the view can'tget any better. But once you're on the property facing Frenchman Bayand Acadia National Park mountain range, it is better. Sullivan sits halfway between Acadia National Park and Bar Harbor andthe Schoodic Peninsula which is the part of Acadia not on Mount DesertIsland. Schoodic is the less traveled part of Acadia, though just asbeautiful. Guests love to spend the day on MDI (Mount Desert Island) butcome back to Acadia Bay Inn for the view, the experience and the slowerpace.Sullivan is also midway between Camden and Campobello Island in NewBrunswick, Canada and makes a great base for day trips. Acadia National Park (named the Crown Jewel of the North Atlantic coast)boasts more than 120 miles of hiking trails on its 46,000 acres ofparklands, most of which are located on Mount Desert Island. Thisincredible network of well-maintained, marked, and signed trails offers arange of pleasant hiking experiences. The Schoodic Peninsula is a part ofAcadia National Park that's located off the mainland of Mount DesertIsland. It's a bit more secluded and you won't find tour buses or nearly asmany tourists. Acadia Bay Inn is situated just about 35 minutes to each,with a central location right in the middle. As the crow flies they're only afew miles across Frenchman Bay to Acadia and the Cadillac Mountainrange you see in the photos of the view from their inn.

Maine Inns For Sale Acadia Bay Inn

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Maine Inns For Sale Acadia Bay Inn

Property Data

Grand shingle cottage Victorian built in 1888Approximately 5,200 square feet1.1 acres on the water (lot 42) and .57 acres (lot 33) between Route 1 and Miramar Ave.7 guest rooms, all with private ensuite baths, some with fireplaces, 4 of 7 have views and decks, the other 3 haveaccess to the deck facing the frontVery large great room with bead board ceiling, hardwood floors, wood burning inglenook fireplace, withcushion seating flanking each sideNew spacious kitchen with all new appliances, counters, cabinets, table space for innkeeper's private use, deckoff kitchen for innkeeper's private useOffice/Den off kitchen for innkeeper's private useFully renovated innkeeper's living room with private deck, bedroom with gas stove and large custom bathPrivate well and septicBook 6532 Page 33-34 Hancock County Registry of DeedsCedar shingle exteriorAsphalt architectural style shingle roof (new in 2017 with 50 year warranty)Forced hot air heating, propane stoveHeating fuel - propane and oilWater heater - off heating system Map 21, lots 42 and 33 Onsite gravel parking lotDetached garage with vehicle and storage space

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Maine Inns For Sale ABC Inn

Property Data

Acadia Bay Inn sits on lot 42 which is 1.1 acres on the water but they also own lot 33 which is .57 acres. That was done topreserve roadside presence, prevent anything from being built in that area, and it's a perfect location for the Acadia BayInn sign. You approach the top of the 'hill' at the lookout and think the view can't get any better. But once you're on theproperty facing Frenchman Bay and Acadia National Park mountain range, it is better. Sullivan sits halfway between Acadia National Park and Bar Harbor and the Schoodic Peninsula which is the part ofAcadia not on Mount Desert Island. Schoodic is the less traveled part of Acadia, though just as beautiful. Guests love tospend the day on MDI (Mount Desert Island) but come back to Acadia Bay Inn for the view, the experience and the slowerpace. Sullivan is also midway between Camden and Campobello Island in New Brunswick, Canada and makes a greatbase for day trips.

This lovely waterfront inn has a direct view across Frenchman Bay to Acadia National Park, Cadillac Mountain and BarHarbor. The view is one you have to see to fully appreciate. But the inn itself stands up to the view. Owners have put somuch into updating the inn since they purchased. New furniture, new baths, new decks, new roof, new you name it! They are currently open Memorial Day weekend until just after Columbus Day weekend but could remain open a longerseason. The events business is in demand but current owners have chosen to limit the number and size of events fortheir lifestyle.

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Maine Inns For Sale Acadia Bay Inn

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Additional information available:

Deed

Real Estate Tax Bill

Additional Photos

Inventory of Personal Property

List of Property Improvements

Seller's Property Disclosures

Financial Statements provided toqualified buyer

with signed non-disclosure agreement

Acadia Bay Inn

$ 1 , 3 7 5 , 0 0 0

For more information or to schedule a showing contactDana Moos 207.266.5604 [email protected] or

Tori Baron 207-766-1764 [email protected]

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Public Detail ReportMLS #: 1443403Status: Active

County: HancockProperty Type: Commercial

List Price: $1,375,000

Directions: From Ellsworth, follow Route 1 North for about 12 miles. Acadia Bay is just past the Dunbar Store on the right.

12 MiramarAvenue

Sullivan, ME04664-3131

List Price:$1,375,000

MLS#:1443403

General InformationYear Built +/-: 1888Sub-Type: General Commercial

Lot Size Acres +/-: 1.1 Sqft Fin Total+/-: 5,200

Land InformationLeased Land: NoSurveyed: UnknownLot Size Acres +/-: 1.1

Waterfront: YesSrce of Wtrfrt: Public RecordsWater Views: Yes

Waterfront Amount+/-:

180

Water FrontageOwned +/-:

180

Waterfront Shared+/-:

0

Water Body: FrenchmanBay

Water Body Type: Ocean

Zoning: ShorelandZoning Overlay: UnknownBank Owned REO: No

Interior InformationTotal SqFt: 5,200 Total # Floors: 2 Year Built +/-: 1888

Year Renovated +/-: 2018Property FeaturesBuildingFeatures:

Internet Access Available

Parking: 5 - 10 Spaces; Garage; GravelLocation: Deep Water Access; Water

Frontage; Water ViewElectric: Circuit BreakersGas: Bottled

Basement: Dirt Floor; Full; Unfinished;Walkout Access

Construction: Wood FrameFoundationMaterials:

Stone

Exterior: Shingle SidingRoof: Composition; Shingle

Heat System: Baseboard; Forced Air;Hot Air; Hot Water;Multi-Zones

Heat Fuel: OilWater: Private; Well Existing on

SiteSewer: Private Sewer; Septic

Existing on SiteTax/Deed InformationBook/Page/Deed: 6532/31/AllDeed/Conveyance TypeOffered:

Quit Claimw/Covenant

Deed Restrictions: Unknown

Full Tax Amt/Yr: $16,392/ 2018 Map/Block/Lot: 021//42-42ATax ID: SULN-000021-000000-000042

RemarksRemarks: This remarkable 1880s waterfront shingle cottage has one of the most spectacular views of the Cadillac Mountain range in Acadia

National Park. There are 7 spacious guest rooms with en-suite baths. 4 of 7 have views of the water and spacious deck space withfurniture. The other 3 have access to the front deck over the porte-cochere, with seasonal awnings for shade comfort. There is a grand,elegant common parlor with a very large inglenook fireplace with cushion seating on both sides. Guests enjoy a full breakfast on theporch or out on the lawn in comfortable seating. There are stairs down to the private, pebble beach. The kitchen was completelyrenovated as was the owner's quarters. All rooms and baths have been upgraded in the past 4 years. Current owners have grown thisbusiness substantially and there is still room for growth and expanding revenue streams with more events, food service and packages.Financially Viable business. Must see to appreciate. It's even better than the pictures show!

LO: The Swan Agency Sotheby's International Realty

Listing provided courtesy of:Dana MoosThe Swan Agency Sotheby's International Realty43 Cottage StreetBar Harbor, ME [email protected]://danamoos.com

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January 15, 2020Todd and Angie Vafiades

Dana Moos

The Swan Agency Sotheby's Int'l Realty

DocuSign Envelope ID: 6160B955-802A-4071-8631-271A9F3B9BBA

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12 Miramar Avenue, Sullivan, ME 04664

Todd Vafiades

Angela Vafiades

Dana Moos

The Swan Agency Sotheby's International Realty, 43 Cottage Street Bar Harbor ME 04609 2072665604 Acadia Bay InnDana Moos

DocuSign Envelope ID: 6160B955-802A-4071-8631-271A9F3B9BBA

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12 Miramar Avenue, Sullivan, ME 04664

There is a small section under the northwest corner of the porch where some dirt has crumbled into thedirt basement below the porch. Seller will repair or give a concession to buyer at closing to handle postclosing.

The Swan Agency Sotheby's International Realty, 43 Cottage Street Bar Harbor ME 04609 2072665604 Acadia Bay InnDana Moos

DocuSign Envelope ID: 6160B955-802A-4071-8631-271A9F3B9BBA

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12 Miramar Avenue, Sullivan, ME 04664

Todd Vafiades Angela Vafiades

Acadia Bay Inn

DocuSign Envelope ID: 6160B955-802A-4071-8631-271A9F3B9BBA

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Page 27: P ¹d k Ø I w ° d ¹ce ¦ Acadia Ba Ø I w w S ¹ k ki Ña w Mai we · tkhbsfkrrglf pqlqvxodblv d sdu ri afdgld ndwlrqdo pun wkd'v orfdwhg rii wkh pdlqodqg ri mrxq dhvhuw vodqg

Additional Information Addendum (see Section VI of property disclosure)

- Northwest corner of outdoor porch/patio requires some board repair/replacement- New roof on entire Inn installed spring 2017 w/ transferrable 50yr warrantee- Added two roof “crickets” in spring 2017 to mitigate ice build-up behind chimneys- All new gutters with leaf guards and rain management system installed 2019- Electric Hot Water tank (for extra capacity) installed 2016- Additional pressure tank for improved water pressure installed 2016- ThermoPride forced hot air furnace serviced annually and installed circa 1985- Bosch hot water oil burner serviced annually and installed circa 1999- Anti-scald valve and plumbing installed 2018- New submerged well pump installed 2017- Large Chimney cap installed 2018- Completely renovated kitchen 2017- Completely renovated personal quarters (office, mudroom, bathroom, bedroom and

living room including new propane stove as additional heat source)- Completely renovated guest rooms and ensuite baths done from 2016 to 2019- New west side and south side lawns and 7 new perennial gardens and various

hardscaping around inn and path to beach- Two new “Acadia Bay Inn” roadsigns in 2016. - Repaired and installed LED floodlight system for road signs in 2019- Pumped and inspected septic tank and system Nov 2019

Acadia Bay Inn

DocuSign Envelope ID: BBA2065D-C9F6-4394-A729-F1A9F93C42B7