98-102 E East Grand Avenue, Old Orchard Beach, ME 04064
$1,950,000
Property Type:
Commercial
Square Footage:
8,307
Lot Size (sq. ft.):
22,651
Status:
Closed
Current Price:
$1,950,000
List Date:
11/20/2023
Last Modified:
1/17/2025
Description
Belkis Beach Motel. 18 Unit Motel consisting of 16 Motel Units, Owner's Unit & A Two Bedroom Cottage. Owner's Unit offers a front reception office, kitchen, living room, 3 bedrooms, laundry facility and a one car garage on the main level. The finished basement offers an additional two bedrooms with a full bath, along with a small studio unit with it's own full bath and a finished family room for additional rental income. Heated in-ground pool, new paved parking lot. Some water views from the 2nd floor. Located directly across the street from the beach. Short walking distance to all the tourist amenities-pier, amusement park, restaurants, shopping etc. Terrific location with a high traffic count & exposure. Motel is licensed for year around rentals. These units can be rented daily, weekly, monthly & year around. Must see property!
Supplements: ********
More Information MLS# 1577828
Location Information
Book: 18414
Leased Land: No
Page: 212-216
Map: 304
Block: 7
Lot: 9
Association Y/N: No
Street #: 98-102
Pre Direction: E
Street Name: East Grand
Street Type: Avenue
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Zoning: BRD
Full Tax Amount $: 12899
Tax Year: 2024
Geo Lat: 43.522706
Geo Lon: -70.369037
Property Information
Primary Use: Investment
Surveyed: Yes
Lot Size Acres +/-: 0.52
SqFt Finished Total: 8307
Location
Business District: 1
Deep Water Access: 1
Downtown: 1
Near Shopping: 1
Near Turnpike/Interstate: 1
Rail Available: 1
Retail Strip: 1
Water View: 1
Water Info
Water View: Yes
Water Body Name: Atlantic Ocean
Property Uses
Hotel/Motel: 1
Water Body Type
Ocean: 1
Recreational Water
Nearby: 1
Public: 1
Waterfront Deep: 1
Basement
Finished: 1
Full: 1
Foundation Materials
Block: 1
Poured Concrete: 1
Exterior
Block: 1
Vinyl Siding: 1
Roof
Membrane: 1
Pitched: 1
Shingle: 1
Heat System
Baseboard: 1
Hot Water: 1
Zoned: 1
Heat Fuel
Electric: 1
Gas Bottled: 1
Oil: 1
Building Features
Security System: 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: jim.berry@cushwake.com
Contract Information
Status: Closed
Original List Price: 1950000
Sold Price: $1,950,000
Current Price: $1,950,000
Status Change Info
Pending Date: 2023-12-06
Closed Date: 2024-02-20
Closed Price: 1950000
Property Features
Location: Business District; Deep Water Access; Downtown; Near Shopping; Near Turnpike/Interstate; Rail Available; Retail Strip; Water View
Water Body Type: Ocean
Recreational Water: Nearby; Public; Waterfront Deep
Property Uses: Hotel/Motel
Basement: Finished; Full
Foundation Materials: Block; Poured Concrete
Exterior: Block; Vinyl Siding
Roof: Membrane; Pitched; Shingle
Heat System: Baseboard; Hot Water; Zoned
Heat Fuel: Gas Bottled; Oil
Building Features: Security System
Parking: 21+ Spaces; On Site; Paved
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Boundary Plan ›
Listing Office:
Realty Sales Inc
IDX
Last Updated: January - 17 - 2025
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