1 Roussin Street

Old Orchard Beach, ME, 04064

$3,799,000

$3,799,000
Pending
Pending
 - For Sale
carpenters-square
12,000 ft²
property_type
Commercial
calendar
Built 1975
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. ********
MLS® ID:
1529434
Updated:
10/4/22
Legacy Properties Sotheby's International Realty
Michele Perejda

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Heating
Baseboard

Exterior/Building Features

Lot Size
0.4 acres lot
Sewer
Public Sewer

Other Property Details

Taxes
$21121
Tax Frequency
per YEAR
Garage
No
Parking
21 Spaces, Leased, On Site
View
N
County
York
Water Source
Public
Pool
No
Zoning
BRD

Listed by Nicholas Farrell, 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. © 2022 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.

©2022 Maine Real Estate Information System, Inc. All rights reserved. 

Data last updated 4:26 AM UTC, 10/4/22

Legacy Properties Sotheby's International Realty
Michele Perejda
Contact