Commercial for Sale: 98-102 East Grand Avenue, Old Orchard Beach, ME 04064 SOLD

$1,950,000
$1,950,000
98-102 East Grand Avenue, Old Orchard Beach, ME 04064 SOLD
$1,950,000
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Selling Price: $1,950,000
Original List Price: $1,950,000
Sold at 100.0% of list price
Sold Date: 02/20/2024

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Type Commercial
Square Feet 8,307 sqft
Lot Size 0.52 acres
Taxes Paid $12,899
City Old Orchard Beach
County York
MLS 1577828
Status Closed
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!

Room Features

Basement Description Finished, Full

Lot & Building Features

Tax Year 2024
Taxes Paid $12,899

Price History of 98-102 East Grand Avenue, Old Orchard Beach, ME

Date Name Price Difference
11/20/2023 Listing Price $1,950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Mark Canto
Direct: 603-674-5628
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Realty Sales Inc, David Trottier 207-252-7474
Sold by Maine Real Estate Co, Sarem Al-Shawk 800-971-8860
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20%
0.66148717948718%
6.75%
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Listing information courtesy of: Realty Sales Inc

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