62 E Grand Avenue, Old Orchard Beach, ME 04064

$3,050,000
Property Type: Commercial Square Footage: 6,825 Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $3,050,000 List Date: 12/20/2023 Last Modified: 1/17/2025

Description

Green Dolphin Motel is recently upgraded 25 unit motel including 3 jacuzzi suites, some rooms with ocean views, shared decks (some with ocean views), directly across the street from 7 miles of beautiful beach and Atlantic Ocean. Most units have kitchenettes and all come fully furnished. Two hot tubs, large inground pool. storage sheds and maintenance rooms and large basement with commercial laundry set up. Many upgrades including new roof, paving, siding, electrical, plumbing, motel room updates including flat screen TVs, pool upgrades and many more - see broker for full list of updates and FF&E included in sale price. Beautiful 2 BD, 2 BA owners apartment with marsh views, granite kitchen, jetted tub, hardwood floors and large deck and sunporch. Nothing to do at this property as it is truly turn key investment.

Supplements: ********

More Information MLS# 1579389

Location Information

Book: 12832 Leased Land: No Page: 160 Map: 305 Block: 6 Lot: 9 Zoning Overlay: No Association Y/N: No Street #: 62 Pre Direction: E Street Name: Grand Street Type: Avenue County: York Town: Old Orchard Beach State/Province: ME Zip Code: 04064 Zip +4: 2810 Zoning: DD2 Full Tax Amount $: 17676 Tax Year: 2022 Geo Lat: 43.520162 Geo Lon: -70.371074

Property Information

Primary Use: General Commercial Surveyed: Yes Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Lot Size Acres +/-: 0.44 Year Built: 1962 SqFt Finished Total: 6825

Location

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

Property Uses

Hotel/Motel: 1

Water Body Type

Ocean: 1

Recreational Water

Nearby: 1 Public: 1

Construction

Wood Frame: 1

Basement

Full: 1

Foundation Materials

Block: 1 Poured Concrete: 1

Exterior

Vinyl Siding: 1

Roof

Membrane: 1 Shingle: 1

Heat System

Baseboard: 1 Direct Vent Heater: 1 Forced Air: 1 Hot Water: 1

Heat Fuel

Gas Bottled: 1 Oil: 1

Cooling

Wall/Window Unit(s): 1

Floors

Carpet: 1 Vinyl: 1

Parking

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

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Sold Info

Appraiser Email Address: matthewwood@bbgres.com

Contract Information

Status: Closed Original List Price: 3500000 Sold Price: $3,050,000 Current Price: $3,050,000

Status Change Info

Pending Date: 2024-03-19 Closed Date: 2024-04-22 Closed Price: 3050000

Property Features

Location: Near Shopping; Near Turnpike/Interstate; Public Transport Access; Rail Available; Water View Water Body Type: Ocean Recreational Water: Nearby; Public Construction: Wood Frame Property Uses: Hotel/Motel Basement: Full Foundation Materials: Block; Poured Concrete Exterior: Vinyl Siding Roof: Membrane; Shingle Heat System: Baseboard; Direct Vent Heater; Forced Air; Hot Water Heat Fuel: Gas Bottled; Oil Cooling: Wall/Window Unit(s) Floors: Carpet; Vinyl Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Kre Brokerage Group
IDX
Last Updated: January - 17 - 2025
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