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Sold

8 Traynor Street

8 Traynor Street, Old Orchard Beach, ME 04064

$2,500,000

Amazing opportunity to own turnkey terrific income producing 20+ unit motel steps to beach with many recent upgrades. Excellent return on investment! Motel is comprised of 20 efficiency style units - some with double and single beds with privacy partitions in between beds - as well as 2 BD 1 BA owners quarters with new kitchen. Full basement with laundry and bathroom. All units have decks and some have ocean views from rear of room. Common areas for seating and inground heated pool. Motel licensed for year round or could be run seasonally. Great income with financials provided upon signing of NDA.

11,604 Sq.Ft. LIVING AREA

0.27 Acres lot

Alexcia Smith

title Associate Broker
PHONE (207) 227-6959
EMAIL [email protected]
DRE # BA919780

Features & Amenities

Interior

Flooring Laminate, Carpet
other interior Features Storage

Area & Lot

Status Sold
Living Area11,604 Sq.Ft.
Lot Area0.27 Acres
MLS® ID1572264
TypeCommercial
YEAR BUILT1958
Water FrontageOcean

Exterior

STORIES2
water SourcePublic
roofFlat, Membrane
lot featuresWater View, Public Transport Access, Near Turnpike/Interstate, Downtown, Near Shopping
parking21 Spaces, Leased, On Site, Other, Off Street
HEAT TYPEHeat Pump
AIR CONDITIONINGCentral Air
sewerPublic Sewer
SubstructureConcrete Perimeter