Bought with Amber Purty The Collective Real Estate Co
$3,000,000
$3,200,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
136 W Grand AVE Old Orchard Beach, ME 04064
12,306 SqFt
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Square Footage 12,306 sqft
Price per Sqft $243
MLS Listing ID 1650877
Sold Date 07/02/26
HOA Y/N No
Year Built 1987
Tax Year 2026
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Investment
Source Maine Listings
Land Area 12306
Property Description
Estate Sale. The Concorde Motel is a 16 unit motel with a beautiful contemporary owners home offering 3,486 SF of living space (3 bedrooms, 4 full baths). This well established motel is in good condition and has always been very well maintained. The ocean is directly across the street. This property consists of 3 abutting buildings. Building #1 is the owners home with a motel office & inground pool for the guests (3,486 SF). Building #2 offers 12 Motel units (3,970 SF). Building #3 offers 4 townhouse apartments each offering two bedrooms & 1.5 baths (4,850 SF). The owners home can also offer added rental income for the right investor as each bedroom has it's own full bathroom ( Air BNB). Abundant parking for all the rental units. MUST SEE PROPERTY!
Location
State ME
County York
Zoning R-3
Direction 136 West Grand Ave. Concorde Motel. Corner of West Grand & Odessa Ave.
Exterior
Parking Features 21+ Spaces, On Site, Paved
Building
Water Public
Others
Tax ID 136WGrandAveOldOrchardBeach04064
Acceptable Financing Cash
Listing Terms Cash
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