Request More Info
Schedule a Showing
Share
Print
|
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.
Property Type(s):
Multi Family
| Last Updated | 7/22/2026 | Year Built | 1930 |
|---|---|---|---|
| Garage Spaces | 1.0 | County | York |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Water Heater |
| BASEMENT | Exterior Entry, Full, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Forced Air, Oil, Propane |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Corner Lot, Level, Near Golf Course, Near Public Transit, Open Lot |
| LOT DIMENSIONS | 0.13 |
| MLS STATUS | Active |
| PARKING | Common, Paved, Detached |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Cottage, Shingle |
| TAXES | 4499 |
| UTILITIES | Propane |
| WATER | Public |
Listing provided by Elevate Maine Realty
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Matt Trudel to contact you even if your name is on a Federal or State "Do not call List". | |