8 Traynor Street, Old Orchard Beach, ME 04064

$2,500,000
Property Type: Commercial Square Footage: 11,604 Lot Size (sq. ft.): 11,761 Status: Closed
Current Price: $2,500,000 List Date: 9/17/2023 Last Modified: 2/05/2026

Overview

Description

Amazing opportunity to own turnkey terrific income producing 20+ unit motel steps to beach with many recent upgrades. Excellent return on investment! Motel is comprised of 20 efficiency style units - some with double and single beds with privacy partitions in between beds - as well as 2 BD 1 BA owners quarters with new kitchen. Full basement with laundry and bathroom. All units have decks and some have ocean views from rear of room. Common areas for seating and inground heated pool. Motel licensed for year round or could be run seasonally. Great income with financials provided upon signing of NDA.

Listing Details MLS# 1572264

Location Information

Street #
8
Street Name
Traynor
Street Type
Street
County
York
Town
Old Orchard Beach
State/Province
ME
Zip Code
04064
Zip +4
2918
Leased Land
No
Book
17880
Page
48
Map
304
Block
5
Lot
4
Zoning
BRD
Zoning Overlay
Unknown
Full Tax Amount $
12334
Tax Year
2022
Association Y/N
No

Contract Information

Original List Price
2850000

Property Information

Primary Use
General Commercial
Surveyed
Yes
Deed/Conveyance Type Offered
Warranty
Deed
Partial
Deed Restrictions
Yes
Bank Owned REO
No
Year Built
1958
Year Renovated +/-
2019
Tenancy
Multiple Tenants
Leases
No
Total # Floors
2
SqFt Finished Total
11604
Lot Size Acres +/-
0.27

Status Change Info

Pending Date
2023-11-27
Closed Date
2024-01-31
Closed Price
2500000

Commercial Bldg Information

Confidentiality Statement
Yes

Water Info

Waterfront
No
Water View
Yes
Water Body Name
Atlantic Ocean
Island
No

More Information

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
matthewwood@bbgres.com

Property Features

Location: Downtown; Near Shopping; Near Turnpike/Interstate; Public Transport Access; Water View Water Body Type: Ocean Recreational Water: Nearby; Public Construction: Wood Frame Property Uses: Hotel/Motel Basement: Full; Unfinished Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Flat; Membrane Heat System: Heat Pump Cooling: Central Air Floors: Carpet; Laminate Building Features: Storage Parking: 21+ Spaces; Leased; Off Street; On Site; Other Parking Electric: Circuit Breakers Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: Kre Brokerage Group
Selling Office: Maine Real Estate Co
Last Updated: February - 05 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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