Address
98-102 E East Grand Avenue, Old Orchard Beach, ME
Price
$ 1,950,000
Property Attributes
- MLS#1577828
- TypeCommercial
- CountyYORK
- CityOld Orchard Beach
- Zip04064
- StyleInvestment
- Taxes$ 12899
- Price$ 1,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8307
- Lot Size0.52 Acres
Data Source:
Maine Listings (MREIS)
Property Description
Belkis Beach Motel. 18 Unit Motel consisting of 16 Motel Units, Owner's Unit & A Two Bedroom Cottage. Owner's Unit offers a front reception office, kitchen, living room, 3 bedrooms, laundry facility and a one car garage on the main level. The finished basement offers an additional two bedrooms with a full bath, along with a small studio unit with it's own full bath and a finished family room for additional rental income. Heated in-ground pool, new paved parking lot. Some water views from the 2nd floor. Located directly across the street from the beach. Short walking distance to all the tourist amenities-pier, amusement park, restaurants, shopping etc. Terrific location with a high traffic count & exposure. Motel is licensed for year around rentals. These units can be rented daily, weekly, monthly & year around. Must see property!
General Features
| Additional Parcels Y/N | No |
|---|---|
| Association Y/N | No |
| Building Features | Security System |
| Carport Y/N | No |
| City | Old Orchard Beach |
| Construction Materials | Vinyl Siding, Block |
| County | York |
| Electric | Circuit Breakers |
| Garage Y/N | No |
| Heating | Multi-Zones, Hot Water, Baseboard |
| Land Lease Y/N | No |
| Lease Considered Y/N | No |
| Lease Renewal Y/N | No |
| Lot Size Square Feet | 22651.2 |
| Mobilehomeremainsyn | No |
| New Construction | No |
| Property SubType | Investment |
| Property Type | Commercial Sale |
| Rent Control Y/N | No |
| Roof | Membrane, Pitched, Shingle |
| Sewer | Public Sewer |
| Standard Status | Active Under Contract |
| Status | Active Under Contract |
| Street Name | East Grand |
| Tax Annual Amount | 12899.0 |
| Tax Lot | 9 |
| Tax Year | 2024 |
| View Y/N | No |
| Waterfront Features | Ocean |
| Waterfront Y/N | Yes |
| Zoning | BRD |
Interior Features
| Basement | Finished, Full |
|---|---|
| Electric On Property Y/N | No |
| Heating Y/N | Yes |
| Street Suffix | Avenue |
Exterior Features
| Building Area Total | 8307.0 |
|---|---|
| Crops Included Y/N | No |
| Foundation Details | Block, Concrete Perimeter |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Lot Features | Water View, Rail Available, Near Turnpike/Interstate, Downtown, Deep Water Access, Business District, Near Shopping, Retail Strip |
| Lot Size Acres | 0.52 |
| Lot Size Area | 0.52 |
| Lot Size Units | Acres |
| Open Parking Y/N | No |
| Parking Features | 21+ Spaces, On Site, Paved |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 04064
Statistics provided by Inside Real Estate
Price
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2023 Maine Real Estate Information System, Inc. All Rights Reserved.
