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26-Room Motel with Kitchenettes
For Sale
$3,500,000

12 Heath Street, Old Orchard Beach, ME 04064

Guest rooms include furnishings, wide-screen TVs, internet, cable and Wi-Fi.

Property Size5,344 SF
Price / SF$654.94
Days on Market28

Property Features for 12 Heath Street

General Information

Standard status Active
Size 5,344 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $14,701

Amenities

kitchenettes
mini-refrigerators
microwaves
toasters
kitchen essentials
furnished rooms
wide screen TVs
Internet
Cable
WiFi

Building Details

Building Size 5,344 SF
Year Built 1950
Listing Agency: EXP Realty
Listed By: Donald Pilon
Source: Oceanviewproperties
Added: Oct 5 Changed: Oct 31 Last Checked: Oct 30 at 2:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty

Rey
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Investment Insights

Based on property information with market context.

This 5,344-square-foot motel in Old Orchard Beach contains 26 furnished rooms. Sixteen rooms have kitchenettes; the other 10 are equipped with mini-refrigerators, microwaves, toasters and kitchen essentials. Wide-screen TVs and internet, cable and Wi-Fi service are provided in all rooms. The property was built in 1950.

The motel is two blocks from the beach and area attractions in Old Orchard Beach, Maine.

Key Highlights

  • 26 guest rooms, including 16 with kitchenettes
  • The remaining 10 rooms have mini‑refrigerators, microwaves, toasters and kitchen essentials
  • 5,344 square feet; built in 1950

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dock House Inn Hotel & Motel Luxor Motel Hotel & Motel

Suggested Use

Top Pick Electrical Service Plumbing Service Dental Office Spa & Massage Center Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Guest rooms include furnishings, wide-screen TVs, internet, cable and Wi-Fi.
Where is this motel located?
The property is located at 12 Heath Street Old Orchard Beach, ME.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 26 guest rooms, including 16 with kitchenettes; The remaining 10 rooms have mini‑refrigerators, microwaves, toasters and kitchen essentials; 5,344 square feet; built in 1950
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