Property Details

JUST SOLD – Motel & Home – 50 Yds from Beach - Old Orchard Beach

  • WC - combo pictures
  • WC - 6-Unit Bldg
  • WC - House & Office
  • WC - Motel Only
  • WC - Apt & House
  • WC - Motel w.Pool
  • WC - Office Sitting Area
  • NE Ocean View
  • SE Ocean View
  • WC - Kitchen & Bath
  • WC - Kit. in Apt.
  • WC - Separate Bdrm
  • WC - Private Bdrm
  • WC - Efficiency
  • WC - Eff. Sitting Area
  • WC - Kitchenette
  • WC - Eff. & sitting  area
  • NE Dune Grass view
  • IMG_3829
  • Full Moon View

Sold $2,020,000.00 - Commercial, Hotel/Motel
.37 10,400 21 Bedrooms  Add to Favorites Print
Ocean Views! 50 Yards from 7-Miles of Sandy Beaches!  Motel & Home & Vacant Lot!  First time offering of this well established Motel with Ocean Views in Old Orchard Beach (over 50 years).  This property includes  Twenty Units most with Ocean Views & Pool, and a  Three Bedroom Home. This near beach motel consists of a 14 unit seasonal motel, that wrap around the solar panel heated, in-ground pool.  Each room has been uniquely designed with no two rooms being alike, offering their unique appeal to each individual traveler. A lot of detail to special touches with white bead board finishes and designer ceilings for  more maintenance free and easy to clean rooms.  All rooms are large efficiency types (most with full kitchens), with 1,2 & even a 3 bdrm unit. All new decks and railings.  Also included is a Year Round, 6-unit apartment bldg, with various room layouts,  with ocean views, and large decks. Includes owners 3 bedroom home, office, and laundry room. All less than 50 yards from 7 miles of sandy beaches. 1 mile from downtown, restaurants, pier and amusements. Bonus: There is a separate parking lot across from motel, town says a buildable lot. Sale includes all 3 separate entities, separate tax cards, being sold as one package.  Financials are available to qualified buyers upon request.  This property has a long history of solid rentals, with rates well below the average for the area due the number of repeat customers.
Property Map

Agent Charlene Weinstein

charlene
  • Office : 207-937-8084
  • Mobile : 207-632-3284

Charlene Farley Weinstein Owner/Designated Broker I have been marketing coastal Maine Real Estate since 1986. I had…
Know More

Contact

Loading...
 

Similar Properties