Old Orchard Beach ME Commercial for Sale
- Type:
- Investment
- Sq.Ft.:
- 12,306
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Baths:
- MLS#:
- 1610765
View additional info
Courtesy: Realty Sales Inc
207-252-7474
ADDITIONAL INFORMATION
The Concorde Motel is a 16 Unit Motel with a beautiful contemporary owners house offering 3,486 SF of living space (3 bedrooms, 4 full bathrooms). This well established Motel has always been very well maintained. The ocean is directly across the street. This property consists of 3 abutting buildings.1st building-owners house with an office & inground pool for the Motel tourists. 2nd building-12 Motel Units. 3rd building-4 townhouse apartments each offering two bedrooms and 1.5 baths. The owners house can also offer added rental income for the right investor. There is also abundant parking for all the rental units. The condition of this property is excellent. MUST SEE PROPERTY!
Old Orchard Beach Real Estate
The median home value in Old Orchard Beach, ME is $500,000. This is higher than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Old Orchard Beach, ME is $500,000. Approximately 50.04% of Old Orchard Beach homes are owned, compared to 21.46% rented, while 28.5% are vacant. Old Orchard Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Old Orchard Beach real estate agent to arrange a tour today!
Old Orchard Beach, Maine has a population of 8,954. Old Orchard Beach is less family-centric than the surrounding county with 12.1% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Old Orchard Beach, Maine is $55,766. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Old Orchard Beach is 56.7 years.
Old Orchard Beach Weather
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 49.2 inches per year, with 60.1 inches of snow per year.