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

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!

Supplements: ********

More Information MLS# 1461922

Location Information

Unit #: 21 Book: 17485 Leased Land: No Page: 0678-0682 Map: 313 Lot: 2-3,2-11,2-2 Association Y/N: No Street #: 3,5 & 10 Street Name: Bay Street Type: Avenue County: York Town: Old Orchard Beach State/Province: ME Zip Code: 04064 Zoning: BRD Full Tax Amount $: 17899 Tax Year: 2019 Geo Lat: 43.508315 Geo Lon: -70.379435

Property Information

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

Location

Near Shopping: 1 Water View: 1

Easement Remarks

Easement Remarks: 3 Bay Driveway

Commercial Bldg Information

Total Units: 21

Water Info

Water View: Yes Water Body Name: Atlantic

Property Uses

Hotel/Motel: 1

Water Body Type

Ocean: 1

Recreational Water

Nearby: 1 Public: 1

Construction

Wood Frame: 1

Basement

Full: 1

Exterior

Vinyl Siding: 1

Roof

Composition: 1

Heat System

Baseboard: 1 Hot Water: 1

Heat Fuel

Electric: 1 Oil: 1

Cooling

Wall/Window Unit(s): 1

Floors

Carpet: 1 Laminate: 1

Building Features

Cable: 1 Storage: 1

Parking

21+ Spaces: 1 On Site: 1 Paved: 1

Electric

Circuit Breakers: 1

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Sold Terms Other

Arms Length: 1

Contract Information

Status: Closed Original List Price: 2135000 Sold Price: $1,950,000 Current Price: $1,950,000

Status Change Info

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

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
Listing Office: Charlene's Coastal Properties
IDX
Last Updated: January - 04 - 2025
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