15 Old Orchard StreetOld Orchard Beach, ME 04064MLS Number 1438114

  • Price: $1,500,000
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Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
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Pending
15 Old Orchard Street Old Orchard Beach ME 0406415 Old Orchard Street Old Orchard Beach ME 04064
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  • 0.37Acreage
  • 1979Year Built
We are pleased to present a fully occupied retail building with a 42-space parking lot ideally located steps from Old Orchard Beach's most visited attraction, The Pier. This property is being offered for sale as an investment or as a redevelopment. Situated on a downtown lot, this site offers flexible zoning, which allows for many uses, including multifamily, condominium, and hospitality.Height restrictions allow for 50' principal structure (and up to 65' for turrets and/or copulas). Opportunity to build a parking garage and capitalize on Old Orchard Beach's flourishing tourism numbers. The town of Old Orchard Beach has 9,000 year-round residents and up to 75,000 tourists in the summer months. Located about 3 miles to Route 1 and I-95.
Listed by Colliers International

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number15
  • StreetOld Orchard Street

Building

  • BasementSlab
  • Stories2
  • Year Built1979
  • FoundationPoured Concrete, Slab
  • Building ConstructionWood Frame
  • Building FeaturesOverhead Doors, Storage
  • RoofMembrane, Metal, Shingle

Utilities

  • Waste Water DisposalPublic Sewer
  • WaterPublic

Tax Information

  • Tax Year2,018

Location

  • StateME
  • TownOld Orchard Beach
  • Zip04064
  • Location
    • Bus Line
    • Business District
    • Downtown
    • Near Shopping
    • Public Transport Access
    • Rail Available
    • Retail Strip
  • CountyYork
  • Map206
  • Road Frontage300

Exterior

  • ExteriorAluminum Siding, Vinyl Siding, Wood Siding

Amenities

  • UsmAmenitiesBasement

Photos

  • Number of Photos2
  • Last Img Trans Date11/04/2019

Basic Information

  • List Price$1,500,000
  • MLS Number1438114
  • Address15 Old Orchard Street
  • Broker NameColliers International
  • Modification Date08/06/2020
  • Agent ID014121
  • Broker ID3179
  • MLS StatusPending

Property

  • Acreage0.37
  • Sq Ft Finished Total5,568
  • Leased LandNo

Property Information

  • Property UsesBar/Tavern/Lounge, Bed and Breakfast, Commercial, Convenience Store, Development, Hotel/Motel, Resort, Restaurant, Retail

Other

  • Parking Spaces21+ Spaces, On Site, Paved
  • View Count10

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