8 Traynor Street, Old Orchard Beach, ME 04064

$2,500,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1572264

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

Water Frontage: 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

Location

Downtown: Yes
Near Shopping: Yes
Near Turnpike/Interstate: Yes
Public Transport Access: Yes
Water View: Yes

Property Uses

Hotel/Motel: Yes

Water Body Type

Ocean: Yes

Recreational Water

Nearby: Yes
Public: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes
Unfinished: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Vinyl Siding: Yes

Roof

Flat: Yes
Membrane: Yes

Heat System

Heat Pump: Yes

Heat Fuel

Electric: Yes

Cooling

Central Air: Yes

Floors

Carpet: Yes
Laminate: Yes

Building Features

Storage: Yes

Parking

Other Parking: Yes
21+ Spaces: Yes
Leased: Yes
Off Street: Yes
On Site: Yes

Electric

Circuit Breakers: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

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

Property Disclosure Public Access ›

Recent Renovations ›

NDA for Signature ›

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.