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Located at 113-115 Saco Avenue , Old Orchard Beach, Maine 04064, this Commercial is for Sale with a price of $725,000 USD. The property was built in 1920,. This listing has 2,702 Sq.Ft. of interior space on a lot of .15 Acres. See all Homes for Sale in Old Orchard Beach.

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1. 113-115 Saco Avenue
1. 113-115 Saco Avenue
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MaineOld Orchard Beach113-115 Saco Avenue

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Description

113-115 Saco Avenue ,

Old Orchard Beach, ME 04064

Listing Courtesy of Gabriel Capoferri, Keller Williams Realty


MOTIVATED SELLER! Discover an exceptional investment opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach.Main Building (Two Units)Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout--perfect for year-round living or seasonal rental income.Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential.Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant--an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel. Highlights:Three total units: Two residential apartments + one commercial space.Flexible income property--live in one unit, rent the others, or maintain as an investment.Prime location along Saco Avenue--minutes to the beach, pier, dining, shops, and Route 1 accessAmple parking for tenants, guests, and patronsStrong rental history and long-term tenant in the commercial space.

Data provided by : MREIS MLS

Amenities

  • Heat Pump
  • Propane Heating
  • Metal Roof

PROPERTY

  • Association
    No
  • Electric
    Circuit Breakers
  • Heating
    Heat Pump
    Baseboard
  • Land Lease
    No
  • New Construction
    No
  • Parking Features
    5 - 10 Spaces
    Paved
    Off Street
  • Property Sub Type
    Mixed Use
  • Sewer
    Public Sewer
  • Water
    Public

EXTERIOR

  • Garage
    No
  • Garage - Attached
    No
  • Lot Features
    Public Transport Access
    Near Turnpike/Interstate
    Bus Line
    Near Shopping
  • Roof
    Metal

INTERIOR

  • Building Area Total
    2702
  • Basement
    Bulkhead
    Unfinished
  • Cooling
    Yes
  • Cooling Type
    Window Unit(s)
    Heat Pump
  • Fireplace
    No
  • Heating
    Heat Pump
    Baseboard
  • Spa
    No
$725,000
price
$5,307
Annual taxes
Commercial
Property type
Available
market status
Regional School Unit 23
School District
1642237
MLS ID
1920
Year Built
156
Days Posted
2,702 Sq Ft.
interior
0.15 Acres
Exterior
Price Reduced

113-115 saco avenue
Old Orchard Beach, ME 04064

$725,000