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6 Union AvenueOld Orchard Beach, ME 04064Price: $2,600,000

  • Price: $2,600,000
  • Est. Mortgage of $/month
  • 74 Days on Market
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,600,000List Price
  • 16Bedrooms
  • 9Bathrooms
  • 0.11Acreage
  • 5,096Square Feet
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Listed by Roxane Cole Commercial Real Estate LLC
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!

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Team Syrene | Bean Group participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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