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113-115 Saco Ave Old Orchard Beach, ME
Old Orchard Beach, ME

$725,000 USD

Portfolio For Sale  •  2,702 SF

2 Properties View all

Property Details

  • Property Type Unknown
  • Cap Rate 8.26 %
30 Walk Score

Highlights

Mixed-use asset featuring a street-level fully leased restaurant space and two remodeled residential units
Recent upgrades include in-unit laundry, updated plumbing (2021), new pavement, roofs, and electrical systems throughout both buildings.
The top-floor two-bedroom residential unit operates on a month-to-month lease.
Excellent location along Saco Avenue in Old Orchard Beach, minutes from the beach, pier, local shops, and Route 1.

Property Flyers

Cap Rate: 8.26 %

Public Transportation

Commuter RailDriveWalkDistance
Saco Amtrak Station (Downeaster - Amtrak) 8 min - 3.9 mi
AirportDriveWalkDistance
Portland International Jetport 22 min - 15.6 mi
Noah Stebbins 207-544-4100 The Boulos Company
Noah Stebbins 207-544-4100 The Boulos Company