Rare opportunity to acquire a southern Maine motel situated directly on the white sands of Old Orchard Beach. The 34-unit Carolina Resort Motel features an irreplaceable oceanfront location with private access to approximately 106' of beach frontage. Property amenities include a seasonal heated outdoor pool, courtyard with grill and picnic tables, in-house laundry, office with access to a studio apartment, and two-bedroom manager's quarters. All guest rooms come equipped with two double beds, kitchenette, free wi-fi, flat screen TVs, and coffee maker. Some units offer a balcony or patio with unobstructed views of the Atlantic Ocean. In addition, the offering includes a separate 3-unit building currently used as seasonal housing for staff. The building is on a separate lot, and could continue to operate as staff quarters, or be updated for use as additional short-term rentals. The Carolina Resort Motel offers a new owner the opportunity to continue to operate as a lodging property in one of Maine's most popular tourist destinations just 20 minutes from Portland, or the potential to redevelop/reposition the property into condominiums given the rare location on the shores of Old Orchard Beach.There are 20 parking spaces at the motel. A lease for additional parking at the abutting lot owned by seller could be negotiated.

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Location Information

Building Number1
StreetRoussin Street

Building

BasementUnfinished
Stories2
Year Built1975
Building ConstructionMasonry
Building FeaturesSprinkler - Dry
RoofShingle

Utilities

Heat SystemBaseboard
Waste Water DisposalPublic Sewer
WaterPublic
ElectricCircuit Breakers

Other

Parking Spaces21+ Spaces, Leased, On Site
View Count1

Tax Information

Tax Year2,021

Location

StateME
TownOld Orchard Beach
Zip04064
LocationNear Shopping, Water Frontage, Water View
CountyYork
Map304

Property

Acreage0.4
Sq Ft Finished Total12,000
Leased LandNo

Amenities

Other AmenitiesBasement, Pool

Photos

Number of Photos6
Last Img Trans Date05/23/2022

Basic Information

List Price$3,799,000
MLS Number1529434
Address1 Roussin Street
Broker NameKeller Williams Realty
Modification Date08/15/2022
Agent ID016986
Broker ID1898
MLS StatusActive
Property SubTypeGeneral Commercial

Property Information

Property UsesHotel/Motel
Zoning OverlayNo

Legal

Taxes$21,121
ZoningBRD

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Your Questions & Comments I would like to schedule a viewing for (ID # 1529434)

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Your Questions & Comments I found a listing on "Coldwell Banker American Heritage Real Estate" which you may be interested in:

I used to be a licensed real estate agent many years ago in CT. I have been involved in a number of R.E. transactions over the past 35 years, from Florida to Maine. It takes a unique combination of talents to reach the level of expertise that Mr. Sloan has demonstrated consistently while assisting me with the purchase of 3 properties over the last 5 or so yeras. As a rule, I do not give written recommendations. This one is truly deserved.

Dave Wilson

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