41 Old Orchard Street

Old Orchard Beach, ME 04064

$699,000
Price
Beds
1,618 Sq. Ft.
$432 / Sq. Ft.
1,618
Sq. Ft.
$432
per Sq. Ft.

Description

Many updates to this mixed use property offering bar with kitchen on first floor with new bar equipment including kegerator and bar taps, furnishings, flooring and lighting and kitchen has new fire suppression hood system and appliances. 2nd floor is 1 bedroom apartment with front deck with ocean views and could be ideal 2nd floor seating area for restaurant with smaller bar and DD1 district may allow for vertical expansion for roof top deck or more with Town approval. Ideal location just steps to...Many updates to this mixed use property offering bar with kitchen on first floor with new bar equipment including kegerator and bar taps, furnishings, flooring and lighting and kitchen has new fire suppression hood system and appliances. 2nd floor is 1 bedroom apartment with front deck with ocean views and could be ideal 2nd floor seating area for restaurant with smaller bar and DD1 district may allow for vertical expansion for roof top deck or more with Town approval. Ideal location just steps to OOB pier, amusement, restaurants and retail stores. Seasonality of OOB is not issue with booming demographics with many new developments offering year round residential housing and summer season remains strong and this is best location at the beach on the one street leading directly to the pier. Financials available for restaurant with NDA. Was Taco Bar with full liquor license. All FF&E will convey.
  1. Listed by Danielle Lape • Kre Brokerage Group
  2. Listed by Amanda Owens • Kre Brokerage Group

Property Details for 41 Old Orchard Street

Waterfront
No
Waterfront Features
Ocean
Zoning
Downtown District 1

Location

Listing Courtesy of Kre Brokerage Group
Add your commute
LISTING UPDATED: 01/11/2024 08:51 AM

Property Details for 41 Old Orchard Street

StatusActive
MLS #1578030
Days on Market162
Taxes$2,767 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1915
Lot Size0.03 AC / 1,306 SF
CountyYork County

Location

Listing Courtesy of Kre Brokerage Group
Add your commute

Building Information for 41 Old Orchard Street

Stories2Residences2Year Built1915Lot Size0.03 AC / 1,306 SF

Payment Calculator

$4,045 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$231

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 41 Old Orchard Street

Summary
Location and General Information
  • Zip Code: 2209
  • Directions: Route 1 to L on Cascade. Follow to L on Old Orchard Street at intersection by Town Hall. Building on right right after church on corner.
  • Town: Old Orchard Beach
  • State/Province: ME
  • Zip Code: 04064
  • County: York
  • Geo Latitude: 43.516838
  • Geo Longitude: -70.37704
  • Tax Lot: 09
  • Location:Business District: Yes
  • Location:Downtown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Public Transport Access: Yes
  • Location:Rail Available: Yes
  • Location:Retail Strip: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: None, On Street
Taxes and HOA Information
  • Tax Book Number: 19197
  • Tax Block: 31
  • Tax Map Number: 206
  • Tax Year: 2022
  • Parcel Number: OOBH-000206-000031-000009
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,767.00
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.03
  • Building Area Total: 1618.0
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1306.8
  • Street Number: 41
  • Property Information:Surveyed: Unknown
  • Property Information:Other Deed/Conveyance Type Offered: Quitclaim with Covenant
  • Property Information:Deed: All
  • Property Information:Year Renovated +/-: 2,023.00
  • Property Information:Total # Floors: 2.00
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Property Disclosure Public Access
  • Leased Land: No
  • Property Type: D
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1915
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Shingle Siding, Post & Beam
  • Roof: Flat, Tar/Gravel
Interior Features
  • Basement: Dirt Floor, Partial, Sump Pump
  • Flooring: Wood, Laminate
  • Cooling: Heat Pump
  • Heating: Multi-Zones, Heat Pump, Direct Vent Heater
  • Foundation Details: Concrete Perimeter
  • # Floors: 2
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Number of Units: 2

Property History for 41 Old Orchard Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 41 Old Orchard Street

Taxable ValueLand$111,200Additions$114,900Total$226,100
Tax Record2022$2,767 ($231 / month)
Home Facts
Baths2Total Finished SqFt1,474 SqFtAbove Grade Finished SqFt1,474 SqFtStories1Lot Size1,500 SqFtStyleOffice BuildingYear Built1915Year Renovated2015ZoningDD-1CountyYORKAPNOOBH M:206 B:31 L:9Fireplace TypeHas Fireplace

Schools near 41 Old Orchard Street

This home is within Regional School Unit 23.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 8
Public - 9 to 12
Rating
School
Distance
Jameson Elementary School
PublicPK to 2

Loranger Middle School
Public3 to 8

Old Orchard Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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41 Old Orchard Street is a mixed use property for sale in Old Orchard Beach, ME 04064. This property was listed for sale on November 22, 2023 by Kre Brokerage Group, it's currently listed at $699,000. It has been on the market for a total of 162 days and was last sold on February 16, 2023. This listing's school district is Regional School Unit 23. Nearby schools include Jameson Elementary School, Loranger Middle School and Old Orchard Beach High School. 41 Old Orchard Street is a 0-bed, 0-bath, 1,618 sqft mixed use property built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Kre Brokerage Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.