185 E Grand Avenue, Old Orchard Beach, ME 04064

$4,950,000
Property Type: Commercial Square Footage: 4,933 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $4,950,000 List Date: 9/14/2025 Last Modified: 12/15/2025

Description

Rare opportunity to live in one of the most picturesque Oceanside Towns in Southern Maine & become Stewards of this well established, much loved, 14 Unit Landmark lodging compound, nestled in the heart of Old Orchard Beach! Located steps to the sanctuary, peace & majesty of the white, powdery sands spanning Pine Point to Ocean Park & sparkling shores of the Atlantic, yet near all the excitement, attractions & energy one would expect from a world class resort Town - this iconic property by the Sea epitomizes Vacationland, with restaurants, amusement parks, boutiques, fresh seafood & produce markets, canoe/kayak/bike/golf cart rentals, live music venues & local attractions including weekly fireworks & special events bringing endless, year-round activities & international tourism to it's infamous shores With many of the rooms having been recently renovated, the recent addition of three units in the two newly constructed cottages, an expansive back paved patio area with barbecues, sun umbrellas, picnic benches & even an outdoor shower - the compound's ability to accommodate large groups with all the amenities necessary for an unforgettable stay, right on the premise, is literally, turnkey In addition, the on-site housekeeping facilities, oversize garage, ample parking/storage areas & the luxurious Owner Quarter consisting of the whole footprint of the original lodging as well as the convenience of an interior access Office - make the demands of running of this seaside business seamless, giving owners the ability to oversee operations yet still enjoy the peace, quiet & privacy of their expansive second floor residence overlooking both the Ocean & spectacular Scarborough Marsh sunsets from their private, modern upstairs deck Business development opportunities like this, especially toward the Pine Point end of Saco Bay seldom hit the market & certainly not with a spectacularly solid, repeat business track record spanning three decades - so contact us today!

Supplements: ********

More Information MLS# 1637623

Location Information

Book: 7373 Leased Land: No Page: 129 Map: 59 Lot: 22 Tree Growth Y/N: No Association Y/N: No Street #: 185 Pre Direction: E Street Name: Grand Street Type: Avenue County: York Town: Old Orchard Beach State/Province: ME Zip Code: 04064 Zip +4: 3023 Zoning: BRD Full Tax Amount $: 12149 Tax Year: 2024 Geo Lat: 43.528254 Geo Lon: -70.36327

Property Information

Primary Use: General Commercial Surveyed: No Lot Size Acres +/-: 0.18 Year Built: 1950 SqFt Finished Total: 4933

Location

Bus Line: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Public Transport Access: 1 Rail Available: 1 Water View: 1

Water Info

Water Frontage: No Water View: Yes Water Body Name: Atlantic Ocean/ Saco Bay

Property Uses

Commercial: 1 Hotel/Motel: 1 Resort: 1

Water Body Type

Ocean: 1

Recreational Water

Nearby: 1 Public: 1

Construction

Other: 1

Basement

None: 1

Exterior

Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Hot Water: 1

Heat Fuel

Oil: 1 Propane: 1

Cooling

None: 1

Floors

Other: 1

Building Features

Cable: 1 Internet Access Available: 1 Security System: 1 Storage: 1

Parking

11 - 20 Spaces: 1 On Site: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

No Gas: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 4950000 List Price: $4,950,000 Current Price: $4,950,000

Property Features

Location: Bus Line; Near Shopping; Near Turnpike/Interstate; Public Transport Access; Rail Available; Water View Water Body Type: Ocean Recreational Water: Nearby; Public Construction: Other Property Uses: Commercial; Hotel/Motel; Resort Basement: None Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Oil; Propane Cooling: None Floors: Other Building Features: Cable; Internet Access Available; Security System; Storage Parking: 11 - 20 Spaces; On Site Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Keller Williams Realty
IDX
Last Updated: December - 15 - 2025
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