8 Traynor Street
Old Orchard Beach
Closed Commercial MLS# 1572264
  • 11,604SqFt
  • $2,500,000 Price

Amazing opportunity to own turnkey terrific income producing 20+ unit motel steps to beach with many recent upgrades. Excellent return on investment! Motel is comprised of 20 efficiency style units - some with double and single beds with privacy partitions in between beds - as well as 2 BD 1 BA owners quarters with new kitchen. Full basement with laundry and bathroom. All units have decks and some have ocean views from rear of room. Common areas for seating and inground heated pool. Motel licensed for year round or could be run seasonally. Great income with financials provided upon signing of NDA.

  • Year Built 1958
  • Lot Size 0.27 acres
  • County York
  • City Old Orchard Beach
  • Zone BRD
  • Location Downtown, Near Shopping, Near Turnpike/Interstate, Public Transport Access, Water View
  • Water Frontage No
  • Water Body Type Ocean
  • Water Body Name Atlantic Ocean
  • Recreational Water Access Ocean
  • Full Tax Amount $12,334.00
  • Tax Year 2022
  • Association Fee $0.00
  • Leases No
  • Basement Full, Unfinished
  • Construction Wood Frame
  • Exterior Vinyl Siding
  • Foundation Materials Poured Concrete
  • Basement Full, Unfinished
  • Roof Flat, Membrane
  • Floors Carpet, Laminate
  • Heat System Heat Pump
  • Heat Fuel Electric
  • Electric Circuit Breakers
  • Water Public
  • Waste Water Disposal Public Sewer
  • Parking Other Parking, 21+ Spaces, Leased, Off Street, On Site
Listed By:
Kre Brokerage Group
Sold By:
Maine Real Estate Co