113-115 Saco Avenue, Old Orchard Beach, ME 04064
$725,000
Property Type:
Commercial
Square Footage:
2,702
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$725,000
List Date:
10/29/2025
Last Modified:
3/14/2026
Description
MOTIVATED SELLER! Discover an exceptional investment opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach.
Main Building (Two Units)
Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout--perfect for year-round living or seasonal rental income.
Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential.
Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant--an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel.
Highlights:
Three total units: Two residential apartments + one commercial space.
Flexible income property--live in one unit, rent the others, or maintain as an investment.
Prime location along Saco Avenue--minutes to the beach, pier, dining, shops, and Route 1 access
Ample parking for tenants, guests, and patrons
Strong rental history and long-term tenant in the commercial space.
Supplements: ********
More Information MLS# 1642237
Location Information
Book: 18885
Leased Land: No
Page: 388
Map: 311
Block: 2
Lot: 10
Tree Growth Y/N: No
Association Y/N: No
Street #: 113-115
Street Name: Saco
Street Type: Avenue
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Zip +4: 1840
Zoning: GB-2
Full Tax Amount $: 5307
Tax Year: 2024
Geo Lat: 43.513983
Geo Lon: -70.38759
Property Information
Primary Use: Mixed Use
Surveyed: Unknown
Deed/Conveyance Type Offered: Warranty
Deed: All
Bank Owned REO: No
Lot Size Acres +/-: 0.15
Tenancy: Multiple Tenants
Leases: Yes
Total # Floors: 2
Year Built: 1920
SqFt Finished Total: 2702
Levels
Multi-Level: 1
Location
Bus Line: 1
Near Shopping: 1
Near Turnpike/Interstate: 1
Public Transport Access: 1
Property Uses
Commercial: 1
Restaurant: 1
Basement
Bulkhead: 1
Unfinished: 1
Roof
Metal: 1
Heat System
Baseboard: 1
Heat Pump: 1
Heat Fuel
Electric: 1
Propane: 1
Cooling
Heat Pump: 1
Window Unit(s): 1
Parking
5 - 10 Spaces: 1
Off Street: 1
Paved: 1
Electric
Circuit Breakers: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 750000
List Price: $725,000
Current Price: $725,000
Property Features
Location: Bus Line; Near Shopping; Near Turnpike/Interstate; Public Transport Access
Levels: Multi-Level
Property Uses: Commercial; Restaurant
Basement: Bulkhead; Unfinished
Roof: Metal
Heat System: Baseboard; Heat Pump
Heat Fuel: Propane
Cooling: Heat Pump; Window Unit(s)
Parking: 5 - 10 Spaces; Off Street; Paved
Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
Keller Williams Realty
IDX
Last Updated: March - 14 - 2026
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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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