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Mixed-Use Property with Retail Space
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40 Old Orchard St, Old Orchard Beach, ME 04064

Three-level building combines street-facing commercial suites with upper-floor residential space.

Property SizeContact for details
Days on Market144

Property Features for 40 Old Orchard St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail
Listing Agency: KW Commercial Greater Portland
Listed By: Kirk Butterfield · License #Maine BR918896
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:23PM

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 KW Commercial Greater Portland

Investment Insights

Based on property information with market context.

This three-level mixed-use building includes two street-level retail spaces measuring approximately 1,200+/- SF each, two apartments on the second floor, and an owner's residence on the third floor. The combination of commercial and residential components creates a varied property configuration within one building.

Located at 40 Old Orchard St in downtown Old Orchard Beach, the property is within walking distance of the beach. The current owner has kept the units vacant, providing flexibility for a new owner to determine the property's future use and occupancy.

Key Highlights

  • Two street‑level retail spaces, each approximately 1,200+/- SF
  • Two apartments occupy the second floor
  • Owner's residence is located on the third floor

Property Analytics

Current Use

Craftology (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Spa & Massage Center Law Firm Hair Salon Electrical Service Grocery & Convenience Store

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

515
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level building combines street-facing commercial suites with upper-floor residential space.
Where is this mixed-use property located?
The property is located at 40 Old Orchard St Old Orchard Beach, ME.
What are key features of this property?
This property features: Two street‑level retail spaces, each approximately 1,200+/- SF; Two apartments occupy the second floor; Owner's residence is located on the third floor
(207) 205-4007 Call to check price and availability
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