Property Detail
Howard Johnson
336 Odlin Road
Bangor, Maine 04401
$3,300,000 - PRICE REDUCED
$2,600,000
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Highlights
The 58-room Howard Johnson is conveniently located off of Interstate I-95 and near Bangor's business parks, entertainment, downtown and cultural district. This property features a beautiful stained brick exterior, pleasant lobby and spacious guestrooms with generous amenities. Price recently reduced from $3,300,000 to $2,600,000
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Property Description
The Howard Johnson restaurant seats 120 and serves three meals a day and the lounge seats 70+. There is also 1,000 square feet of meeting space available. The property is located off Interstate 95 at Exit 182B on Odlin Road, which is only 3 miles from Bangor International Airport.
It is located within many downtown attractions, restaurants and places of historic significance. The property is suited to cater to the business and convention traveler.
Bangor serves as the major transportation and distribution center for the northern two-thirds of the State of Maine. Interstate 95 and it's spur I-395 connect Bangor with points east, west, north and south. Bangor is home to Bangor International Airport with several major airlines providing regular passenger and cargo flights throughout the United States and oversees. It is a city that is consistently ranked as one of the most desirable places to live for its natural beauty, safety, quality of life and affordability and maintains a position as one of Maine’s major urban centers.
There may be an excellent opportunity here, as it may be possible to demolish the existing Howard Johnson Restaurant to create a pad site for a franchise restaurant, or maintain the existing restaurant building and lease to a stronger F&B operator.
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