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Listed price in listed location currency (USD).
$1,200,000

000

MLS® 1646231

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $10,220
Days Active 3
Approx. Age 1900
MLS® Number 1646231

Property Address: 205 Saco Avenue, Old Orchard Beach, ME, 04064

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1646231
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 11, 2025List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
205 Saco Avenue, Old Orchard Beach, ME

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