28 Reggio AvenueOld Orchard Beach, ME 04064MLS Number 1595446

  • Price: $650,000
  • 66 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* 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.
Pending
28 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 0406428 Reggio Avenue Old Orchard Beach ME 04064
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  • 0.48Acreage
  • 1,320Square Feet
Old Orchard Beach Income & Development Opportunity. This seasonal motel sits a stone's throw from the beach on .48 acres of mostly undeveloped land - one of the last remaining plots of this kind. Most recently used as a seasonal 3 bed Motel, with rooms rented both separately and together. The zoning density appears to allow for up to 4 units with conditional approval. In the center of Maine's most popular beach destination, this is an opportunity not to be missed! This property can be purchased in conjunction with 27 Odessa Ave, 8 residential units (four 2-units) on .58 acres that backs-up to the Reggio lot.
Listed by Vitalius Real Estate Group,LLC

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More Info

Basic Information

  • Documents Available Property Disclosure Public Access
  • Property Uses Hotel/Motel

Location

  • Address28 Reggio Avenue
  • Building Number28
  • CountyYork
  • Latitude43.506408
  • Longitude-70.383206
  • StateME
  • StreetReggio Avenue
  • TownOld Orchard Beach
  • Zip04064

Property Information

  • Acreage0.48
  • Lot Features Near Turnpike/Interstate, Near Shopping
  • Lot Size Square Feet 20,908
  • Lot Size Units Acres
  • Square Feet1,320

Tax Information

  • Tax Book Number 9455
  • Tax Lot4
  • Tax Map Number 315
  • Tax Year 2023
  • Taxes$5,495

Building

  • BasementUnfinished
  • Building ConstructionShingle Siding, Wood Frame
  • Year Built1953

Interior

  • Flooring Vinyl

Exterior

  • Exterior Shingle Siding
  • RoofFlat

Amenities

  • Mls StatusPending
  • Other AmenitiesBasement, Fireplace

Photos

  • Number of Photos11

Parking

  • Parking Features 5 - 10 Spaces, Off Street

Basic Information

  • Agent ID009631,009700
  • Broker ID2698
  • Broker NameVitalius Real Estate Group, LLC
  • List Price$650,000
  • LocationTypeNear Shopping, Near Turnpike/Interstate
  • MLS Number1595446
  • Modification Date09/11/2024
  • Property SubTypeGeneral Commercial

Utilities

  • Electric Circuit Breakers
  • Heating FuelElectric
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed07/08/2024
  • Recreational Water Public
  • View Count9

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. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2024 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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