Estate Sale. The Concorde Motel is a 16 unit motel with a beautiful contemporary owners home offering 3,486 SF of living space (3 bedrooms, 4 full baths). This well established motel is in good condition and has always been very well maintained. The ocean is directly across the street. This property consists of 3 abutting buildings. Building #1 is the owners home with a motel office & inground pool for the guests (3,486 SF). Building #2 offers 12 Motel units (3,970 SF). Building #3 offers 4 townhouse apartments each offering two bedrooms & 1.5 baths (4,850 SF). The owners home can also offer added rental income for the right investor as each bedroom has it's own full bathroom ( Air BNB). Abundant parking for all the rental units. MUST SEE PROPERTY!
Courtesy of Realty Sales Inc 207-252-7474
Listing Snapshot
Days Online
50
Last Updated
Property Type
Investment
Square Ft.
12,306
Lot Size
0.5 Acres
Year Built
1987
MLS Number
1650877
Additional Details
Building
Building Area Total: 12,306, Year Built: 1987
Lot
0.5 acres, Area: 0.5, 21,780 square feet
Parking
Features: "21+ Spaces", "On Site", "Paved"
Property
Business Type: "Hotel/Motel", Parcel Number: 136WGrandAveOldOrchardBeach04064, Property Sub Type: Investment, Zoning: R-3
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $19,442, Tax Lot: 6
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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