94 Saco Ave, Old Orchard Beach, ME

Name: 94 Saco Ave, Other in Old Orchard Beach - eXp Realty
Brand: Elevate Maine Realty
SKU: 1672921
Price: 599000 USD

House

Other

Listed price in listed location currency (USD).

$599,000

031

MLS® 1672921

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 1684 sqft

Garage Yes

Taxes $4,499

Days Active 11

Lot Size 0.13 Acres

Approx. Age 1930

Avg. Price Per Sqft $355

MLS® Number 1672921

Property Address: 94 Saco Ave, Old Orchard Beach, ME, 04064-1828

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

Description

Turnkey Mixed-Use Investment Opportunity in the Heart of Old Orchard Beach! Welcome to 94 Saco Avenue, a fully furnished, income-producing mixed-use property just a 10-minute walk to the iconic Old Orchard Beach Pier, seven miles of sandy beach, restaurants, shopping, and entertainment. Whether you're expanding your investment portfolio, operating a successful short-term rental business, or taking advantage of the commercial zoning, this property offers immediate cash flow and exceptional versatility. This well-maintained two-unit property features a 3-bedroom, 1.5-bath first-floor unit with in-unit laundry, a newly rebuilt and insulated enclosed porch currently configured with two additional Airbnb beds, and six dedicated parking spaces. The unit is nearly fully booked for the current Airbnb season with a proven rental history. The second-floor unit offers 2 bedrooms, 1 bath, and two dedicated parking spaces. It is also nearly fully booked for the summer before transitioning to a signed winter lease through May 2027, providing reliable year-round income. The property is being sold fully furnished and stocked with Airbnb essentials, making it truly turnkey. The surveillance camera system conveys, allowing a seamless transition for continued short-term rental management. Income and expense statements are available for qualified buyers. Commercial Mixed-Use zoning offers additional value with a detached garage that could be converted into a workshop, studio, office, or retail space (subject to local approvals). An existing leased business sign at the front of the property provides an additional passive income stream. Recent updates include a new roof (2024), new siding and windows (2025), a rebuilt insulated porch, newer appliances, and more (see documents for complete list). Priced at $599, 000, this rare coastal investment offers multiple income streams, commercial flexibility, proven rental performance.

MLS® Number1672921

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1930

BasementBulkhead, Exterior Entry, Full

Driveway

Garage Spaces

HeatOil, Propane, Baseboard, Forced Air

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

Other

Jul 22, 2026List Date

$599,000List Price

Commute

Commute

Starting Address

Destination Address

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