98-102 E East Grand Avenue, Old Orchard Beach, ME 04064

$1,950,000

Owner's quarters suite unit-finished basement

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

Overview

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!

Listing Details MLS# 1577828

Location Information

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
Leased Land: No
Book: 18414
Page: 212-216
Map: 304
Block: 7
Lot: 9
Zoning: BRD
Full Tax Amount $: 12899
Tax Year: 2024
Association Y/N: No

Contract Information

Original List Price: 1950000

Property Information

Primary Use: Investment
Surveyed: Yes
SqFt Finished Total: 8307
Lot Size Acres +/-: 0.52

Status Change Info

Pending Date: 2023-12-06
Closed Date: 2024-02-20
Closed Price: 1950000

Water Info

Water View: Yes
Water Body Name: Atlantic Ocean

Utilities

Utilities On: Yes

More Information

Sold Info

Appraiser Email Address: jim.berry@cushwake.com

Location

Business District: Yes
Deep Water Access: Yes
Downtown: Yes
Near Shopping: Yes
Near Turnpike/Interstate: Yes
Rail Available: Yes
Retail Strip: Yes
Water View: Yes

Property Uses

Hotel/Motel: Yes

Water Body Type

Ocean: Yes

Recreational Water

Nearby: Yes
Public: Yes
Waterfront Deep: Yes

Basement

Finished: Yes
Full: Yes

Foundation Materials

Block: Yes
Poured Concrete: Yes

Exterior

Block: Yes
Vinyl Siding: Yes

Roof

Membrane: Yes
Pitched: Yes
Shingle: Yes

Heat System

Baseboard: Yes
Hot Water: Yes
Zoned: Yes

Heat Fuel

Electric: Yes
Gas Bottled: Yes
Oil: Yes

Building Features

Security System: Yes

Parking

21+ Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

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 ›

Income & Expenses ›

Deed ›

IDX

Listing Office: Realty Sales Inc

Selling Office: Maine Real Estate Co

Last Updated: January - 17 - 2025

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.