40 Old Orchard StreetOld Orchard Beach, ME 04064MLS Number 1549721

  • Price: $1,475,000
  • 109 Days on Market
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Federal 30-year interest rate: 6.42% last updated on Mar 30, 2023
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40 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 0406440 Old Orchard Street Old Orchard Beach ME 04064
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  • 0.11Acreage
  • 6,475Square Feet
  • 1910Year Built
Mixed use investment property located in the heart of downtown Old Orchard Beach within walking distance to the beach. The building consists of two 1,200+/- SF street retail spaces, two large, easily rentable apartments on the second floor, and owner's residence on the third floor. This is an excellent location that benefits from plenty of foot traffic in the busier months. The current owner has voluntarily chosen to keep units vacant to allow for the greatest amount of flexibility for a new owner to come in and redevelop the property. There is a substantial ''value add'' opportunity for the owner by working with the Town on the approval of more units.
Listed by Keller Williams Realty

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Coldwell Banker American Heritage Real Estate

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

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Basic Information

  • Documents Available Property Disclosure Public Access, Deed Public Access, Lead Paint Addendum Public Access
  • Property Uses Commercial, Retail

Location

  • Address40 Old Orchard Street
  • Building Number40
  • CountyYork
  • Latitude43.517318
  • Longitude-70.376608
  • StateME
  • StreetOld Orchard Street
  • TownOld Orchard Beach
  • Zip04064

Property Information

  • Acreage0.11
  • Lot Features Near Shopping, Retail Strip
  • Lot Size Square Feet 4,791
  • Lot Size Units Acres
  • Square Feet6,475

Photos

  • Number of Photos13

Tax Information

  • Tax Book Number 3469
  • Tax Lot6
  • Tax Map Number 205
  • Tax Year 2022
  • Taxes$6,229

Building

  • Building ConstructionVinyl Siding
  • Garage Spaces
  • Year Built1910

Property

  • Water ViewYes

Exterior

  • Exterior Vinyl Siding
  • RoofComposition

Amenities

  • Mls StatusActive
  • Other AmenitiesFireplace, Water View, Waterfront

Water Body

  • Water Body TypeOcean
  • Waterfront Features Ocean

Parking

  • Parking SpacesNone

Basic Information

  • Agent ID015331
  • Broker ID1898
  • Broker NameKeller Williams Realty
  • List Price$1,475,000
  • LocationTypeDowntown, Near Shopping, Near Turnpike/Interstate, Retail Strip, Water View
  • MLS Number1549721
  • Modification Date12/14/2022
  • Property SubTypeMixed Use

Utilities

  • Electric Circuit Breakers
  • Heat SystemSteam, Oil
  • Heating FuelOil
  • Heating YN Yes
  • Sewer Public Sewer
  • Water Source Public

Legal

  • ZoningDd1

Other

  • Date Listed12/14/2022
  • View Count2

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