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40 Old Orchard StreetOld Orchard Beach, ME 04064Price: $1,475,000

  • Price: $1,475,000
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Federal 30-year interest rate: 6.6% last updated on Mar 23, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,475,000List Price
  • 0.11Acreage
  • 1910Year Built
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064
40 Old Orchard Street Old Orchard Beach ME 04064

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Mixed use investment property located in the heart of downtown Old Orchard Beach within walking distance to the beach. The building consists of two 1,200+/- SF street retail spaces, two large, easily rentable apartments on the second floor, and owner's residence on the third floor. This is an excellent location that benefits from plenty of foot traffic in the busier months. The current owner has voluntarily chosen to keep units vacant to allow for the greatest amount of flexibility for a new owner to come in and redevelop the property. There is a substantial ''value add'' opportunity for the owner by working with the Town on the approval of more units.

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Listed by Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Live Maine Team - RE/MAX Infinity participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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