62 East Grand Avenue, OOB

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

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

(all data current as of 7/5/2020)
Price $2,300,000
Home size 9,639 sqft
Lot Size 19,167 sqft
Listing provided by Kre Brokerage Group
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 $3,395,000.

Property Type(s): Commercial

Last Updated 1/22/2020 Tract
Year Built 1962 Community
Garage Spaces n/a County York
Total Parking n/a

Additional Details

MLS Status Active Lot 0.44 acre(s)
Parking 21+ Spaces,On Site,Paved Sewer Public Sewer
Taxes 19745.00 Water Public
Zoning DD2


Air A/C Units
Air Conditioning Yes
Basement Full, Yes
Construction Wood Frame
Exterior Vinyl Siding
Heat Baseboard, Direct Vent Heater, Forced Air, Hot Water


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(view all details for MLS #1360521)