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