41 Old Orchard Street

Description

This mixed use property is located on the iconic main street in Old Orchard Beach leading down to the historic Pier and only 25 minutes from Portland. It encompasses a commercial unit with bar/kitchen on the first level and 1-bedroom apartment on the second, which can be used as owner occupied or income producing short/long-term rental. Enjoy the porch view from the apartment to watch over the street all the way down to the Pier or the large backyard patio with a fire pit.This seaside community boasts a diverse and large population of up to 75,000 people in the summer as it hosts vacationers from all over the United States, primarily from New England and the mid-Atlantic states, Canada and Europe. They come to enjoy the miles-long stretch of fine beach, clean ocean water and all local and nearby attractions (including the amusement park and night life). Old Orchard has over 9000 year-round residents and a multitude of restaurants, cultural offerings, special events, music venues, art museums/galleries, antiques, quaint shops and countless outdoor recreational amenities.The property has been occupied by the seller during ownership. There is work that still remains to be done on the property and awaits an owner to recognize its potential.