Closed
1 Roussin Street
Old Orchard Beach ME, 04064
$3,775,000
Closed
12,000 sqft
Commercial
Built in 1975
Courtesy of Keller Williams Realty
Rare opportunity to acquire a southern Maine motel situated directly on the white sands of Old Orchard Beach. The 34-unit Carolina Resort Motel features an irreplaceable oceanfront location with private access to approximately 106' of beach frontage. Property amenities include a seasonal heated outdoor pool, courtyard with grill and picnic tables, in-house laundry, office with access to a studio apartment, and two-bedroom manager's quarters.
All guest rooms come equipped with two double beds, kitchenette, free wi-fi, flat screen TVs, and coffee maker. Some units offer a balcony or patio with unobstructed views of the Atlantic Ocean.
In addition, the offering includes a separate 3-unit building currently used as seasonal housing for staff. The building is on a separate lot, and could continue to operate as staff quarters, or be updated for use as additional short-term rentals.
The Carolina Resort Motel offers a new owner the opportunity to continue to operate as a lodging property in one of Maine's most popular tourist destinations just 20 minutes from Portland, or the potential to redevelop/reposition the property into condominiums given the rare location on the shores of Old Orchard Beach.
There are 20 parking spaces at the motel. A lease for additional parking at the abutting lot owned by seller could be negotiated.
1529434
MLSⓇ ID
May 9, 2024
Updated
Map
1 Roussin Street
Old Orchard Beach ME, 04064
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.4 Acres
Lot Features
Water View, Water Frontage, Near Shopping
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$21,121
Tax Frequency
Annually
Garage
No
Parking
21 Spaces, Leased, On Site
View
No
County
York
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
BRD
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
---|---|---|
10/13/2023 | Sold | $3,775,000 |
Listing Contact: 207-266-2370
Bought with Keller Williams Realty and Listed by Keller Williams Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Michele Perejda shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:11 PM UTC, 5/9/2024