113-115 Saco Avenue, Old Orchard Beach, ME 04064
sale
$750,000
|
Other
Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
Motivated Seller! Charming Mixed-Use Property in Old Orchard Beach. Discover an exceptional investment and lifestyle opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach. Main Building (Two Units) Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout--perfect for year-round living or seasonal rental income. Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential. Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant--an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel. Highlights: Three total units: Two residential apartments + one commercial space. Flexible income property--live in one unit, rent the others, or maintain as an investment. Prime location along Saco Avenue--minutes to the beach, pier, dining, shops, and Route 1 access Ample parking for tenants, guests, and patrons Strong rental history and long-term tenant in the commercial space.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Cooling System: Window Unit(s)
- Cooling System: Heat Pump
- Heating System: Baseboard
- Heating System: Heat Pump (Heating)
- MLSID: 1642237
- Roof Type: Metal
- Rooms: Basement
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