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2 Colby Ave - Premier Bed & Breakfast Investment 4,946 SF Specialty Building Offered at $4,000,000 in Old Orchard Beach, ME 04064
EXECUTIVE SUMMARY
The Nautilus Inn at Ocean Park presents a rare opportunity to own a historic and well-established coastal hospitality property in one of Maine’s most desirable beach front communities. Just steps from Old Orchard Beach’s iconic shoreline, the inn combines timeless charm with modern guest conveniences. Built in the 1890s, the property retains its vintage character while offering 13 private guest accommodations. The inn’s prime location is within walking distance of Ocean Park village and minutes from downtown Old Orchard Beach and ensures consistent seasonal demand. Don’t miss out on your chance to steward a historic coastal landmark in one of Maine’s strongest tourism communities!
Capital Improvements Include:
• 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
Capital Improvements Include:
• 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
PROPERTY FACTS
| Price | $4,000,000 | Lot Size | 0.12 AC |
| Price Per SF | $808.73 | Building Size | 4,946 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Specialty | Year Built/Renovated | 1890/2007 |
| Building Class | C | ||
| Zoning | R-3 - Residential 3 District | ||
| Price | $4,000,000 |
| Price Per SF | $808.73 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,946 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2007 |
| Zoning | R-3 - Residential 3 District |
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PROPERTY TAXES
| Parcel Number | OOBH-000321-000004-000009 | Improvements Assessment | $513,500 |
| Land Assessment | $614,900 | Total Assessment | $1,128,400 |
PROPERTY TAXES
Parcel Number
OOBH-000321-000004-000009
Land Assessment
$614,900
Improvements Assessment
$513,500
Total Assessment
$1,128,400
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2 Colby Ave - Premier Bed & Breakfast Investment
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