$ 1,200,000
-
$1,200,000
Price -
0
Bed -
0
Bath -
5,817
SqFt
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About the Listing 3555 - 023051
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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Commercial Sale
MLS ®
1646231
Year Built
1900
Total Square Footage
5,817
Lot/Acreage
0.71
County
York
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public
Exterior Details
- Lot Description: Public Transport Access,Near Turnpike/Interstate,Downtown,Near Shopping
- Garage Capacity: N/A
- Zoning: GB-1
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,On Site
Financial Details
- Tax Amount: $10,220
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
205 Saco Ave Old Orchard Beach, ME 04064
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