34 Ocean Avenue, Scarborough, ME 04074

$1,500,000
Property Type: Commercial Square Footage: 9,624 Lot Size (sq. ft.): 30,056 Status: Closed
Current Price: $1,500,000 List Date: 10/15/2016 Last Modified: 12/19/2024

Overview

Description

Opportunity to purchase the popular Higgins Beach Inn and Garofalo's Restaurant. Located in the Higgins Beach Neighborhood, just a couple blocks from the quiet public beach. Regular family vacation destination with loyal customer base. Inn has been well maintained with front porches, a deck for outside dining, restaurant, and 22 appointed guest rooms.

Listing Details MLS# 1286176

Location Information

Street #
34
Street Name
Ocean
Street Type
Avenue
County
Cumberland
Town
Scarborough
State/Province
ME
Zip Code
04074
Leased Land
No
Book
12927
Page
179
Map
U2
Lot
171
Zoning
R-4
Full Tax Amount $
23407
Tax Year
2015
Association Y/N
No

Contract Information

Original List Price
1600000

Property Information

Primary Use
General Commercial
Surveyed
Unknown
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
All
Deed Restrictions
Yes
Bank Owned REO
No
Year Built
1895
SqFt Finished Total
9624
Lot Size Acres +/-
0.69
Road Frontage +/-
350

Status Change Info

Pending Date
2016-10-27
Closed Date
2016-12-22
Closed Price
1500000

Commercial Bldg Information

Confidentiality Statement
Yes

Utilities

Utilities On
No

More Information

Property Features

Location: Other Location Construction: Wood Frame Property Uses: Hotel/Motel; Resort; Restaurant; Special Purpose Basement: Finished; Full; Partial; Unfinished; Walk-Out Access Foundation Materials: Block Exterior: Wood Siding Roof: Shingle Heat System: Forced Air; Hot Air Heat Fuel: Gas Bottled; Oil Cooling: None Floors: Carpet; Wood Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
IDX
Listing Office: Cardente Real Estate, LLC
Selling Office: Cardente Real Estate, LLC
Last Updated: December - 19 - 2024
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