62 E Grand Avenue, Old Orchard Beach, ME 04064 (MLS# 1579389)

62 E Grand Avenue, Old Orchard Beach, ME 04064

$3,050,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1579389

Property Type: Commercial Square Footage: 6,825 Lot Size (sq. ft.): 19,166 Status: Closed

Current Price: $3,050,000 List Date: 12/20/2023 Last Modified: 1/17/2025

Overview

Description

Green Dolphin Motel is recently upgraded 25 unit motel including 3 jacuzzi suites, some rooms with ocean views, shared decks (some with ocean views), directly across the street from 7 miles of beautiful beach and Atlantic Ocean. Most units have kitchenettes and all come fully furnished. Two hot tubs, large inground pool. storage sheds and maintenance rooms and large basement with commercial laundry set up. Many upgrades including new roof, paving, siding, electrical, plumbing, motel room updates including flat screen TVs, pool upgrades and many more - see broker for full list of updates and FF&E included in sale price. Beautiful 2 BD, 2 BA owners apartment with marsh views, granite kitchen, jetted tub, hardwood floors and large deck and sunporch. Nothing to do at this property as it is truly turn key investment.

Listing Details MLS# 1579389

Location Information

Street #: 62
Pre Direction: E
Street Name: Grand
Street Type: Avenue
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Zip +4: 2810
Leased Land: No
Book: 12832
Page: 160
Map: 305
Block: 6
Lot: 9
Zoning: DD2
Zoning Overlay: No
Full Tax Amount $: 17676
Tax Year: 2022
Association Y/N: No

Contract Information

Original List Price: 3500000

Property Information

Primary Use: General Commercial
Surveyed: Yes
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Year Built: 1962
SqFt Finished Total: 6825
Lot Size Acres +/-: 0.44

Status Change Info

Pending Date: 2024-03-19
Closed Date: 2024-04-22
Closed Price: 3050000

Water Info

Waterfront: No
Water View: Yes
Water Body Name: Atlantic Ocean

Utilities

Utilities On: Yes

More Information

Sold Info

Appraiser Email Address: matthewwood@bbgres.com

Property Features

Location: Near Shopping; Near Turnpike/Interstate; Public Transport Access; Rail Available; Water View Water Body Type: Ocean Recreational Water: Nearby; Public Construction: Wood Frame Property Uses: Hotel/Motel Basement: Full Foundation Materials: Block; Poured Concrete Exterior: Vinyl Siding Roof: Membrane; Shingle Heat System: Baseboard; Direct Vent Heater; Forced Air; Hot Water Heat Fuel: Gas Bottled; Oil Cooling: Wall/Window Unit(s) Floors: Carpet; Vinyl Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

NDA Green Dolphin ›

Listing Office: Kre Brokerage Group

Selling Office: Daigle Commercial Group, Inc.

Last Updated: January - 17 - 2025

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