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

  • Price: $1,475,000
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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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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
  • 1910Year Built
  • 2,022Tax Year
  • ActiveMLS Status

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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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More Info

Location Information

  • Building Number40
  • StreetOld Orchard Street

Building

  • Year Built1910
  • RoofComposition

Property

  • Acreage0.11
  • Sq Ft Finished Total6,475
  • Leased LandNo

Utilities

  • Heat SystemSteam
  • Heating FuelOil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingNone
  • ElectricCircuit Breakers
  • GasNo Gas

Tax Information

  • Tax Year2,022

Location

  • StateME
  • TownOld Orchard Beach
  • Zip04064
  • LocationDowntown, Near Shopping, Near Turnpike/Interstate, Retail Strip, Water View
  • CountyYork
  • Map205

Exterior

  • ExteriorVinyl Siding

Other

  • Parking SpacesNo Parking

Basic Information

  • List Price$1,475,000
  • MLS Number1549721
  • Address40 Old Orchard Street
  • Broker NameKeller Williams Realty
  • Modification Date12/14/2022
  • Agent ID015331
  • Broker ID1898
  • MLS StatusActive
  • Property SubTypeMixed Use

Property Information

  • Property UsesCommercial, Retail

Photos

  • Number of Photos13
  • Last Img Trans Date12/14/2022

Old Orchard Beach, ME Demographics

There is no data available

Old Orchard Beach, ME Real Estate Market Data

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Old Orchard Beach, ME Schools

School NameDistanceTypeGrades
Gosselin Realty Group
Gosselin Realty Group
Office: 207-363-2414
647 US Route One
Suite 210, PO Box 393
York, ME 03909

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Gosselin Realty Group participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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