20 Pleasant StreetMonson, ME 04464Price: $289,000

Welcome to Monson, ME-home of a unique and versatile property currently operating as Leapin' Lena's Hostel and House of Pizza. Situated in one of Maine's growing communities, the property presents an outstanding opportunity for a business owner, investor, or large family seeking space and flexibility. Known as the last hostel stop before hikers enter the final 100 miles of the Appalachian Trail on their journey to Katahdin, this property has become a destination for trail hikers and the public, and is 1 of 11 hostels in ME on the trails. While currently functioning as a hostel, the home could easily transition into a spacious multi-family residence, Airbnb, or Bed and Breakfast. The home is equipped with 8 Rinnai propane monitors and features a registered commercial kitchen, creating endless possibilities for continued business use. The first floor includes a large common room for dining and gathering, a large bathroom including two shower rooms, two toilet rooms and sink, as well as a laundry room, a storage 'hospital' room, and a rear bedroom suitable for an onsite manager, work-stay guest or for easier one-floor living. The second floor includes 4 bedrooms, a full bathroom and a large bunk room currently housing 10 beds. An 80 gallon hot water tank on site is capable of handling multiple showers, dishes and heavy daily use. Outside, the opportunities continue with a large backyard perfect to expand to include yurts, tent sites or additional guest accommodations such as cabins. The property is hooked to town water and is serviced by a 14-bedroom septic system. Out back there is a previously leveled site for a 40x40 garage or building with water and electrical hookups which also allows for RV hookups and camping sites. There is ATV access from the property, plenty of parking, and a fire pit. Whether continuing the hostel, adding camping and RVs or transforming into a large family home, this property offers tremendous potential in a sought after town.