[FOR SALE] Maine Ski Area Could Be Yours for $5-Million

An opportunity of a lifetime in Eastern Maine. This gem of the community, Hermon Mountain Ski Area, could be yours for $5 million.

• Related: [FOR SALE] Ski Resort Could be Yours For Less Than $2-Million

The resort has been a gathering place for all of Eastern and Central Maine for over 30 years. Located in Hermon, ME, it is a small, family-oriented business that has kept the community skiing, snowboarding, and tubing during the winter season.

The 67.5-acre ski area, which closed for the season in March, is the only one in the Bangor area that still offers downhill skiing after all others either closed or were abandoned decades ago, reports the Bangor Daily News.

The Whitcomb family, its current owners, bought it in 1987 and modernized it, installing a new lift system and tubing hills and adding a new lodge in 2005. The family now wishes to retire and is hoping the new owner can invest and expand it beyond its current capacity to offer summertime activities.

Property Details:

• Price: $5,000,000
• Building Size: 7,700 SF
• Property Type: Ski Resort
• Total Lot Size: 67.5 Acres
• Year Built: 2005

Highlights:

• 67.5 Acres
• Space to expand business in the winter and summer months
• All inventory is included
• Private second floor with potential for an apartment in the main lodge

Interested? Check out the full listing here.