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8 Traynor Street

Old Orchard Beach, ME 04064
  • $2,850,000
  • STATUS: Active Under Contract
  • MLS #: 1572264
UPDATED: 35 min ago
$2,850,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,604
    SQFT
Neighborhood:
Type:
Commercial
Built:
1958
County:

School Ratings & Info

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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.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-09-30T14:47:43.87.
www.thenewenglandreco.com/homes/143477067
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8 Traynor Street Old Orchard Beach, ME 04064

  • Price: $2,850,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 1572264
0
Beds
0
Baths
0
½ Baths
0.27
Acres
11,604
SQFT
$246
$/SQFT
1958
Built
Neighborhood:
Old Orchard Beach
County:
York
Area:
Old Orchard Beach
Property 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.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Foundation Materials Poured Concrete Parking 21+ SpacesLeasedOff StreetOn SiteOther Parking Roof FlatMembrane

Interior Features

Basement FullUnfinished Cooling Central Air Heat Fuel Electric Heat System Heat Pump

Property Features

Active Ko Pending Continue To Show Active Under Contract Building Features Storage Electric Circuit Breakers Full Tax Amount Amount 12334.00 Leased Land No Leases No Location DowntownNear ShoppingNear Turnpike/InterstatePublic Transport AccessWater View Property Uses Hotel/Motel Sewer Public Sewer Surveyed Yes Tax Year 2022 Water Public Zoning Brd Zoning Overlay Unknown

Maine Real Estate Information Systems logo Listing provided courtesy of Kre Brokerage Group: .

© 2023 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-09-30T14:47:43.87.
 
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