185 E Grand Avenue, Old Orchard Beach, ME 04064 (MLS # 1637623)

PRICE $4,950,000 SIZE 4,933 sqft LOT SIZE 7,841 sqft Request More Info Schedule a Showing

Rare opportunity to live in one of the most picturesque Oceanside Towns in Southern Maine & become Stewards of this well established, much loved, 14 Unit Landmark lodging compound, nestled in the heart of Old Orchard Beach! Located steps to the sanctuary, peace & majesty of the white, powdery sands spanning Pine Point to Ocean Park & sparkling shores of the Atlantic, yet near all the excitement, attractions & energy one would expect from a world class resort Town - this iconic property by the Sea epitomizes Vacationland, with restaurants, amusement parks, boutiques, fresh seafood & produce markets, canoe/kayak/bike/golf cart rentals, live music venues & local attractions including weekly fireworks & special events bringing endless, year-round activities & international tourism to it's infamous shores With many of the rooms having been recently renovated, the recent addition of three units in the two newly constructed cottages, an expansive back paved patio area with barbecues, sun umbrellas, picnic benches & even an outdoor shower - the compound's ability to accommodate large groups with all the amenities necessary for an unforgettable stay, right on the premise, is literally, turnkey In addition, the on-site housekeeping facilities, oversize garage, ample parking/storage areas & the luxurious Owner Quarter consisting of the whole footprint of the original lodging as well as the convenience of an interior access Office - make the demands of running of this seaside business seamless, giving owners the ability to oversee operations yet still enjoy the peace, quiet & privacy of their expansive second floor residence overlooking both the Ocean & spectacular Scarborough Marsh sunsets from their private, modern upstairs deck Business development opportunities like this, especially toward the Pine Point end of Saco Bay seldom hit the market & certainly not with a spectacularly solid, repeat business track record spanning three decades - so contact us today!