3,5 & 10 Bay Avenue 21, Old Orchard Beach, ME 04064

$1,950,000

Property Type: Commercial Square Footage: 10,450 Lot Size (sq. ft.): 16,117 Status: Closed

Current Price: $1,950,000 List Date: 7/26/2020 Last Modified: 1/04/2025

Overview

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!

Listing Details MLS# 1461922

Location Information

Street #: 3,5 & 10
Street Name: Bay
Street Type: Avenue
Unit #: 21
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Leased Land: No
Book: 17485
Page: 0678-0682
Map: 313
Lot: 2-3,2-11,2-2
Zoning: BRD
Full Tax Amount $: 17899
Tax Year: 2019
Association Y/N: No

Contract Information

Original List Price: 2135000

Property Information

Primary Use: Multi Family
Surveyed: Unknown
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Yes
Bank Owned REO: No
Year Built: 1950
Total # Floors: 2
SqFt Finished Total: 10450
Lot Size Acres +/-: 0.37

Status Change Info

Pending Date: 2020-11-18
Closed Date: 2021-02-03
Closed Price: 1950000

Commercial Bldg Information

Total Units: 21

Water Info

Water View: Yes
Water Body Name: Atlantic

More Information

Location

Near Shopping: Yes
Water View: Yes

Easement Remarks

Easement Remarks: 3 Bay Driveway

Property Uses

Hotel/Motel: Yes

Water Body Type

Ocean: Yes

Recreational Water

Nearby: Yes
Public: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes

Exterior

Vinyl Siding: Yes

Roof

Composition: Yes

Heat System

Baseboard: Yes
Hot Water: Yes

Heat Fuel

Electric: Yes
Oil: Yes

Cooling

Wall/Window Unit(s): Yes

Floors

Carpet: Yes
Laminate: Yes

Building Features

Cable: Yes
Storage: Yes

Parking

21+ Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Sold Terms Other

Arms Length: Yes

Property Features

Location: Near Shopping; Water View Water Body Type: Ocean Recreational Water: Nearby; Public Construction: Wood Frame Property Uses: Hotel/Motel Basement: Full Exterior: Vinyl Siding Roof: Composition Heat System: Baseboard; Hot Water Heat Fuel: Oil Cooling: Wall/Window Unit(s) Floors: Carpet; Laminate Building Features: Cable; Storage Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length

Documents

Property Disclosure Public Access ›

IDX

Listing Office: Charlene's Coastal Properties

Selling Office: Kre Brokerage Group

Last Updated: January - 04 - 2025

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