6 Sunset Dr, Old Orchard Beach, ME 4064 - hospitality property

Detailed information about hospitality property which situated in Old Orchard Beach (4064) city, Maine state on 6 Sunset Dr.
The property is situated across from Palace Playland — the areas’ largest amusement area—in an area of increased retail and residential revitalization. The addition of a Amtrak stop in this area & the redevelopment of the area’s older buildings into high end retail and residential buildings makes Old Orchard Beach that much more dynamic and an area of high density during the popular tourist season.

Additional Information: The Sunset Motel is an eleven (11) unit seasonal motel located just one block from the beach and pier along Old Orchard Beach’s beautiful & heavily visited coastline. This property offers ten (10) one bedroom, one bath kitchenette efficiencies and one two bedroom efficiency for up to 4 people (all air conditioned) rented from May to October to repeat tourist clientele year after year as well as those new guests seeking accommodations within close proximity to the beach. Rates range from $80-180 per night. Also included in the sale is a large single family residence with 4 bedrooms, 2 baths, large living room, large family room with bar and ocean views, & deck. The residence could easily be converted into additional efficiencies or year round rental(s) to increase income. The motel property has a large attic area which is currently unfinished could add another level of motel rentals with possible ocean views—with Town approval. There is a wonderful in-ground pool and picnic area with BBQ grills and play area on site – not to mention the best seat in the house to watch the fireworks at the pier. Many upgrades have been done on this property making it an excellent turnkey opportunity for any investor/owner occupant to live and work in one of the state’s most vibrant ocean communities.