62 East Grand Avenue, OOB


This 25-unit motel is an amazing turn-key business opportunity!  Extensively renovated and upgraded!

62 E Grand AVE, Old Orchard Beach, ME 04064 (MLS # 1360521)

(all data current as of 8/19/2018)
Price $2,725,000
Home size 9,639 sq ft
Lot Size 19,514 sqft
Listing provided by King Real Estate
Green Dolphin Motel is an extensively upgraded 25 unit motel with 3 jacuzzi suites, some rooms with ocean views, shared decks, directly across the street from 7 miles of beautiful beach and Atlantic Ocean. Most units have kitchenettes and all come fully furnished. Two hot tubs, large inground pool. storage sheds and maintenance rooms, large basement with commercial laundry set up, and coin op laundry. Many upgrades including new roof, paving, siding, electrical, plumbing, motel room updates including flat screen TVs, pool upgrades and many more - see broker for full list of updates and FF&E included in sale price. Beautiful 3 BD, 1+ BA owners apartment with marsh views, granite kitchen, jetted tub, hardwood floors and large deck and sunporch. Nothing to do at this property as it is truly turn key investment. Also listed with sister property Sir Charles Motel for package price of $3,700,000.

Property Type(s): Commercial

Last Updated 7/12/2018 Tract
Year Built 1962 Community
Garage Spaces n/a County York
Total Parking n/a

Additional Details

Lot 0.4480 acre(s) Parking 21+ Spaces,On Site,Paved
Pool Description Pool-In Ground Sewer Public
Taxes 15692 Utilities Cable,Generator,Internet Access Available
Water Public Water Access Nearby,Public
Waterfront Description Atlantic Ocean

Features

Air A/C Units
Air Conditioning Yes
Basement Full, Yes
Construction Wood Frame
Exterior Vinyl Siding
Garage No Vehicle Storage, Off Street Parking
Heat Baseboard, Direct Vent Heater, Forced, Hot Water
Interior Attic, Bathtub, Deck, Fence, Fire System, Furniture Included, Glassed-in Porch, Hot Tub, In-Law Apartment, Laundry-Coin, Laundry-Hookup, Out Building, Pool-In Ground, Security System, Shed, Shower, Sprinkler, Storage
Lot Description Level, Open, Sidewalks
Pool Yes
Style Multi-Level
View Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

(view all details for MLS #1360521)