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15 Old Orchard StreetOld Orchard Beach, ME 04064Price: $1,500,000

  • Price: $1,500,000
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
* 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.
  • $1,500,000List Price
  • 0.37Acreage
  • 1979Year Built

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We are pleased to present a fully occupied retail building with a 42-space parking lot ideally located steps from Old Orchard Beach's most visited attraction, The Pier. This property is being offered for sale as an investment or as a redevelopment. Situated on a downtown lot, this site offers flexible zoning, which allows for many uses, including multifamily, condominium, and hospitality.Height restrictions allow for 50' principal structure (and up to 65' for turrets and/or copulas). Opportunity to build a parking garage and capitalize on Old Orchard Beach's flourishing tourism numbers. The town of Old Orchard Beach has 9,000 year-round residents and up to 75,000 tourists in the summer months. Located about 3 miles to Route 1 and I-95.

Property Details of 15 Old Orchard Street

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Listed by Colliers International

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. ©2020 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Swift River Properties participates in MREIS' Maine Internet Data Exchange (Maine IDX) 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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