CoastWise Realty - Maine's Oceanfront Real Estate Specialists
CoastWise Realty
Bob Fenton & Marjorie Crowley
Maine's Oceanfront Real Estate Specialists
Representing Coastal Maine Real Estate Buyers
800-293-4416
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Old Orchard Beach, ME 04064

$2,600,000

16 Bedrooms
9/0 Baths
5096 Est. Sq.Ft.

Listing #: 1565417

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Property Description
16 bedrooms, 9 bathrooms and 5 kitchens located steps from Old Orchard Beach and the Atlantic Ocean, in this classic beach house with two-unit carriage house, and water views throughout. This gem is perfect for investors, or business owners wanting to use the first floor commercial space in combo with strong AirBnB income. 6 Union Avenue would also be an ideal family compound to occupy while having income from the carriage house or rooms on the upper floors. Not to be overlooked is the opportunity to convert the property to a grand private residence. The property is the third building from the beach on Union Avenue - the second busiest street in Old Orchard Beach. Fully sprinklered and with many other upgrades. So much opportunity for pure investors or for quality of life while living at the beach and making money. Three current business licenses may be transferred to a buyer. Re-development is also a possibility. This is a rare opportunity!

Property Details
Style:Cottage, Rooming House, Multi-LevelYear Built:1910
Lot Size (Acres):0.11Seasonal:No
Zoning:BRDWater Frontage:No
Water Body Name:Atlantic OceanWater Body Type:Ocean
Water:PublicSurveyed:Yes
Seasonal:No  

Listing Courtesy of: Roxane Cole Commercial Real Estate LLC



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