Cash cow! This multiple six figure yearly net income and fully functional business is for sale as a package. The iconic Solon Hotel is unlike any other piece of history in the area and has a rich history dating back to the late 1800's. This gem located in the heart of Solon is a jack of all trades considering the many investment opportunities it offers! This one of a kind property was renovated in 2022 and brought back to life: New metal roof on the main building; all new windows throughout; fully painted; new electrical in first floor, basement and exterior; all new interior on the first floor including insulation, sheetrock, doors, flooring, lighting, new bar built for 24 stools with dual bartender workstations, tap beer system, and custom tables and chairs; and the event hall features plenty of space for live music, dancing, parties, gatherings, and receptions. The second, third, and fourth stories are packed with potential. Bring it back to being a hotel, apartments, Airbnb, or any other envisions you have. The opportunities are endless and potential is unmatched, especially at this price. Find year round traffic from locals, travelers, and tens of thousands of outdoor enthusiasts that use the ITS trail system just a stone's throw away. Enjoy white water rafting down the Kennebec, enjoy scenic views, and embrace all Northern Maine has to offer. Under 3 ½ hours to Boston, less than 2 hours to Portland and only 45 Minutes to Waterville, this location allows for seamless and convenient ownership no matter where you are traveling from! * Entire staff including general manager is willing to stay on with new ownership making it a turn key operation!
Room Features
Basement DescriptionUnfinished, Full
Lot & Building Features
CoolingHeat Pump
Price History of 4 S Main Street, Solon, ME
Date
Name
Price
Difference
12/26/2025
Price Adjustment
$399,000
11.14%
11/28/2025
Price Adjustment
$449,000
2.18%
10/09/2025
Price Adjustment
$459,000
8.02%
10/08/2025
Listing Price
$499,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
4 S Main Street (MLS #1615161) is a commercial listing located in Solon, ME.
This commercial listing is 15,206 sqft and on a lot of 43,560 sqft (or 1.00 acres) and is 131 years old. This property was listed on 10/08/2025 and has been priced for sale at $399,000.
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.
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