Active

41 Old Orchard Street

Old Orchard Beach ME, 04064

$650,000


Active

1,618 sqft

Commercial

Built in 1915

Courtesy of Kre Brokerage Group

Many updates to this mixed use property offering bar with kitchen on first floor with new bar equipment including kegerator and bar taps, furnishings, flooring and lighting and kitchen has new fire suppression hood system and appliances. 2nd floor is 1 bedroom apartment with front deck with ocean views and could be ideal 2nd floor seating area for restaurant with smaller bar and DD1 district may allow for vertical expansion for roof top deck or more with Town approval. Ideal location just steps to OOB pier, amusement, restaurants and retail stores. Seasonality of OOB is not issue with booming demographics with many new developments offering year round residential housing and summer season remains strong and this is best location at the beach on the one street leading directly to the pier. Financials available for restaurant with NDA. Was Taco Bar with full liquor license. All FF&E will convey.

1578030

MLS ID

May 3, 2024

Updated

Map

41 Old Orchard Street
Old Orchard Beach ME, 04064

Interior Features

Total Stories

2


Floor Description

Wood, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Multi-Zones, Heat Pump, Direct Vent Heater

Exterior/Building Features

Lot Size

0.03 Acres


Lot Features

Rail Available, Public Transport Access, Near Turnpike/Interstate, Downtown, Business District, Near Shopping, Retail Strip


Roof

Flat, Tar/Gravel


Sewer

Public Sewer

Other Property Details

Taxes

$2,767


Tax Frequency

Annually


Garage

No


Parking

None, On Street


View

No


County

York


Water Source

Public


Pool

No


Zoning

Downtown District 1


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/3/2024

Price Change

$650,000

-8%

1/11/2024

Price Change

$699,000

-7%

Listing Contact: 207-934-7622

Courtesy of  Kre Brokerage Group

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 Brick & Barn Real Estate | Scott Rome shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:13 PM UTC, 5/3/2024

 

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