A unique opportunity to acquire a fully approved development site for a Holiday Inn Express in Kittery, Maine. Strategically located in the Bypass-Old Post Road Commercial (C-3) zone, the site comes with InterContinental Hotels Group (IHG) approval for the development of a 62-unit hotel. In addition to the development site parcel, the buyer must agree to assume the existing franchise commitment and comply with its terms and conditions for the proposed hotel.
This development site presents an opportunity to establish a prominent presence in Kittery’s burgeoning commercial corridor, surrounded by a variety of commercial properties and accessible directly from the main thoroughfare.