1 Roussin Street, Old Orchard Beach, ME 04064

$3,775,000

Property Type: Commercial Square Footage: 12,000 Lot Size (sq. ft.): 17,424 Status: Closed

Current Price: $3,775,000 List Date: 12/05/2022 Last Modified: 1/11/2025

Overview

Description

Rare opportunity to acquire a southern Maine motel situated directly on the white sands of Old Orchard Beach. The 34-unit Carolina Resort Motel features an irreplaceable oceanfront location with private access to approximately 106' of beach frontage. Property amenities include a seasonal heated outdoor pool, courtyard with grill and picnic tables, in-house laundry, office with access to a studio apartment, and two-bedroom manager's quarters. All guest rooms come equipped with two double beds, kitchenette, free wi-fi, flat screen TVs, and coffee maker. Some units offer a balcony or patio with unobstructed views of the Atlantic Ocean. In addition, the offering includes a separate 3-unit building currently used as seasonal housing for staff. The building is on a separate lot, and could continue to operate as staff quarters, or be updated for use as additional short-term rentals. The Carolina Resort Motel offers a new owner the opportunity to continue to operate as a lodging pr ... (Read more)

Listing Details MLS# 1529434

Location Information

Street #: Yes
Street Name: Roussin
Street Type: Street
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Zip +4: 2910
Leased Land: No
Book: 17831
Page: 368
Map: 304
Block: 2
Lot: Yes
Zoning: BRD
Zoning Overlay: No
Full Tax Amount $: 21121
Tax Year: 2021
Association Y/N: No

Contract Information

Original List Price: 3799000

Property Information

Primary Use: General Commercial
Surveyed: Unknown
Year Built: 1975
Total # Floors: 2
SqFt Finished Total: 12000
Lot Size Acres +/-: 0.4

Status Change Info

Pending Date: 2022-12-09
Closed Date: 2023-03-22
Closed Price: 3775000

Water Info

Water Frontage: Yes
Waterfront Amount: 106
Water Frontage Owned: 106
Water View: Yes
Water Body Name: Atlantic

Utilities

Utilities On: Yes

More Information

Sold Info

Appraiser Email Address: jake@mainelandconsultants.com

Location

Near Shopping: Yes
Water View: Yes
Waterfront: Yes

Source of Water Frontage

Public Records: Yes

Property Uses

Hotel/Motel: Yes

Water Body Type

Ocean: Yes

Recreational Water

Oceanfront: Yes
Public: Yes
ROW to Water: Yes

Construction

Masonry: Yes

Basement

Unfinished: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes

Building Features

Sprinkler - Dry: Yes

Parking

21+ Spaces: Yes
Leased: Yes
On Site: Yes

Electric

Circuit Breakers: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Sold Terms Other

Arms Length: Yes

Property Features

Location: Near Shopping; Water View; Waterfront Source of Water Frontage: Public Records Water Body Type: Ocean Recreational Water: Oceanfront; Public; ROW to Water Construction: Masonry Property Uses: Hotel/Motel Basement: Unfinished Roof: Shingle Heat System: Baseboard Building Features: Sprinkler - Dry Parking: 21+ Spaces; Leased; On Site Electric: Circuit Breakers Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length

Documents

Lead Paint Addendum Public Access ›

Property Disclosure Public Access ›

IDX

Listing Office: Keller Williams Realty

Selling Office: Keller Williams Realty

Last Updated: January - 11 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.