Motel with
New
For Sale
$3,400,000
29 Saco Avenue, Old Orchard Beach, ME 04064
Commercial Sale, Old Orchard Beach, ME
Property Size7,100 SF
Lot Size1.30 Acres
Price / SF$478.87
Days on Market1
Property Features for 29 Saco Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
DD-2
Basement
Partial, Sump Pump, Dirt Floor, Unfinished, Crawl Space
Lot features
Water View, Near Turnpike/ Interstate, Bus Line, Near Shopping, Retail Strip
Standard status
Active
Size
7,100 SF
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12987
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Zoned, Baseboard, Oil
Cooling system
Window Unit(s)
Water source
Public
Amenities
outdoor inground pool
Building Details
Year built
1955
Number of units
18
Flooring type
Vinyl, Laminate, Hardwood, Carpet, Linoleum
Building materials
Wood Frame, Clapboard, Composition, Shingle Siding, Wood Siding
Roof type
Fiberglass, Shingle
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Donald Pilon
(207) 590-0507
Added: Oct 5
Last Checked: Oct 5 at 5:06PM
MLS# 1683155
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,100-square-foot motel property in Old Orchard Beach includes 18 guest rooms: nine detached cottages equipped with mini-kitchens and nine motel rooms. A separate, three-bedroom Cape-style house provides an additional residential component. The site also has an in-ground outdoor pool and occupies 1.30 acres. Built in 1955, the buildings have wood-frame construction and window-unit cooling. Heating includes electric baseboard and oil systems, with zoned controls.
Restaurants and local attractions are within walking distance. The property is served by public water and public sewer and is zoned DD-2.
Restaurants and local attractions are within walking distance. The property is served by public water and public sewer and is zoned DD-2.
Key Highlights
- 18 guest rooms: nine cottages and nine motel rooms
- Nine detached cottages include mini‑kitchens
- Separate three‑bedroom Cape‑style residence
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 04064, ME
8,452
Population
6,783
Households
1.2
Avg Household Size
53
Median Age
40%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
1,261
Density / Sq Mi
$66,689
Median Household Income
$42,532
Median Earnings
$1,142
Median Rent
$312,700
Median Home Value
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Similar Off Market Nearby
- Concorde Motel — 136 W Grand Ave, Old Orchard Beach, ME 04064
- Sea Cliff House — 2 Seacliff Ave, Old Orchard Beach, ME 04064
- The Ocean Tripp Inn — 6 Union Ave, Old Orchard Beach, ME 04064
- Point Of View Inn — 3 Camp Comfort Ave, Old Orchard Beach, ME 04064
- Waves Oceanfront Resort — 87 W Grand Ave, Old Orchard Beach, ME 04064
Frequently Asked Questions
What type of property is this?
Motel - Nine cottages with mini-kitchens sit alongside nine motel rooms and a three-bedroom owner’s residence.
Where is this motel located?
The property is located at 29 Saco Avenue Old Orchard Beach, ME.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 18 guest rooms: nine cottages and nine motel rooms; Nine detached cottages include mini‑kitchens; Separate three‑bedroom Cape‑style residence
