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Listed by On Point Realty
$ 1,200,000
Active
205 Saco AVE Old Orchard Beach, ME 04064
5,817 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Active
Square Footage 5,817 sqft
MLS Listing ID 1646231
HOA Y/N No
Year Built 1900
Annual Tax Amount $10,220
Tax Year 2025
Lot Size 0.710 Acres
Acres 0.71
Property Sub-Type Multi Family
Source Maine Listings
Land Area 5817
Property Description
Well-known in the community as Norman's Hotel, this high-visibility property offers a rare grandfathered-in building footprint with the legal right to rebuild the entire existing structure within current setbacks—a powerful redevelopment advantage in Old Orchard Beach. Prominently positioned with road frontage on two sides, the site benefits from exceptional exposure, accessibility, and traffic counts.
The existing motel consists of 28 efficiency-style units, most equipped with kitchenettes, plus two residential apartments: Apartment #1 offers 3 bedrooms and 1 bath, and Apartment #2 offers 1 bedroom and 1 bath. Zoning allows for up to six total residential units, opening the door to multiple redevelopment or repositioning strategies, including condominium conversion, boutique micro-hotel, short-term rental concept, or other creative uses subject to town approvals.
An additional rear lot provides potential expansion opportunities, further enhancing long-term upside. This is a true rebuild, redesign, reimagine opportunity in one of Old Orchard's most visible corridors—ideal for developers, investors, and visionaries seeking a property with built-in entitlements and meaningful future flexibility.
The existing motel consists of 28 efficiency-style units, most equipped with kitchenettes, plus two residential apartments: Apartment #1 offers 3 bedrooms and 1 bath, and Apartment #2 offers 1 bedroom and 1 bath. Zoning allows for up to six total residential units, opening the door to multiple redevelopment or repositioning strategies, including condominium conversion, boutique micro-hotel, short-term rental concept, or other creative uses subject to town approvals.
An additional rear lot provides potential expansion opportunities, further enhancing long-term upside. This is a true rebuild, redesign, reimagine opportunity in one of Old Orchard's most visible corridors—ideal for developers, investors, and visionaries seeking a property with built-in entitlements and meaningful future flexibility.
Location
State ME
County York
Zoning GB-1
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling None
Flooring Laminate, Carpet
Exterior
Parking Features 21+ Spaces, On Site
View Y/N No
Roof Type Shingle
Building
Lot Description Public Transport Access, Near Turnpike/Interstate, Downtown, Near Shopping
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Wood Frame
Others
Energy Description Oil
