Listed by The Boulos Company Portland
$4,000,000
Premier Oceanfront Property
Details
APN Map 321, Block 4, Lot 9
Property Type Hospitality, Special Purpose
Sub Type Motel
Square Footage 4,946
Units 13
Beds 13
Year Built 1890
Year Renovated 2007
Buildings 1
Stories 3
Acreage 0.120
Zoning R-3, Residential
Ownership James A Katz Revocable Trust
Hospitality
Marketing description
The Nautilus Inn at Ocean Park presents a rare opportunity to own a historic and well-established coastal property in one of Maine’s most desirable beach front communities. Just steps from Old Orchard Beach’s iconic shoreline, it combines timeless charm with modern conveniences. Built in the 1890s, the property retains its vintage character while offering 13 private rooms. Located steps from the beach, within walking distance of Ocean Park village, and minutes from downtown Old Orchard Beach. Don’t miss out on your chance to steward a historic coastal landmark in one of Maine’s strongest tourism communities!
Investment highlights
- Capital Improvements:• Hardwired alarm system - 2013
- Sprinkler system - 2014
- Construction of great room - 2014
- Bathroom replacement in bedroom #6 - 2015
- Facade painting - 2018
- New roof and perimeter rock wall - 2018
- New furnace - 2021
- New generator - 2021
- Window replacement - 2022
- New carpet - 2023
Listing Contacts
Listed by The Boulos Company Portland
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
