Bought with Kre Brokerage Group
$1,950,000
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3, 5 & 10 Bay AVE #21 Old Orchard Beach, ME 04064
10,450 SqFt
Key Details
Sold Price $1,950,000
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Sold
Square Footage 10,450 sqft
MLS Listing ID 1461922
Sold Date 02/03/21
HOA Y/N No
Year Built 1950
Annual Tax Amount $17,899
Tax Year 2019
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Multi Family
Source Maine Listings
Land Area 10450
Property Description
Ocean View... Great Opportunity to live and work at the beach! Property consists of a year round three bedroom home, with office and laundry room and full basement. Motel consists of 14 units, mostly kitchenettes, some have 1 and even 3 separate bedrooms, ready to accommodate small to large families! An in-ground pool, and a new 6 seat hot tub. Also includes a year round, 6-unit apartment building, with various room layouts with ocean views from large decks. Included in sale is a vacant lot located at 10 Bay Avenue, allowing for ample parking for motel, apartments and home. All located just 50 yards from miles of sandy beaches.
Property is in a great location, easy walk to downtown, amusement park, stores, restaurants and Amtrak!
Location
State ME
County York
Zoning BRD
Rooms
Basement Full
Interior
Interior Features Storage
Heating Hot Water, Baseboard
Cooling A/C Units
Flooring Laminate, Carpet
Equipment Cable
Exterior
Parking Features 21+ Spaces, On Site, Paved
Waterfront Description Ocean
View Y/N No
Roof Type Composition
Building
Lot Description Water View, Near Shopping
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Yes
Energy Description Oil, Electric
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