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$725,000 -$25,000 (-3.33%) Price Reduced

  • For Sale
  • Active
  • Commercial
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MOTIVATED SELLER! Discover an exceptional investment opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach. Main Building (Two Units) Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout--perfect for year-round living or seasonal rental income. Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential. Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant--an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel. Highlights: Three total units: Two residential apartments + one commercial space. Flexible income property--live in one unit, rent the others, or maintain as an investment. Prime location along Saco Avenue--minutes to the beach, pier, dining, shops, and Route 1 access Ample parking for tenants, guests, and patrons Strong rental history and long-term tenant in the commercial space.

Full Property Details for 113-115 Saco Ave

General

  • Price: $725,000
  • Taxes: $5,307 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MREIS
  • MLS ID: 1642237
  • Updated: 3/13/2026
  • Added to Site: 172 day(s) ago

Business

  • Business Type: Commercial, Restaurant

Parking

  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Location

  • County: York

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s), Heat Pump
  • Heating Type: Heat Pump, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Roof: Metal
  • Stories/Levels: 2
  • Building Size: 2702
  • Square Feet: 2,702
  • Living Area: 2,702 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Zoning: GB-2
  • Lot Description: Public Transport Access, Near Turnpike/Interstate, Bus Line, Near Shopping

Financial Considerations

  • Tax Amount: $5,307
  • Tax Year: 2024

Disclosures and Reports

  • Block: 2
  • Lot Number: 10

Listed by Keller Williams Realty (207) 879-9800

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Listing agents

— 113-115 Saco Ave —

  • Keller Williams Realty

    207-879-9800

  • Keller Williams Realty

    207-879-9800

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 113-115 Saco Ave

School District:Regional School Unit 23
NameGradesDistance
Loranger Middle School
148 Saco Avenue, Old Orchard Beach, ME 04064
6-80.3 mi
Jameson Elementary School
20 Jameson Hill Road, Old Orchard Beach, ME 04064
PK-20.4 mi
Old Orchard Beach High School
40 Emerson Cummings Boulevard, Old Orchard Beach, ME 04064
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 113-115 Saco Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/13/2026
Price Reduced
$725,000
-3.33%
MLS
10/29/2025
Listed
$750,000
50%
MLS
11/30/2021
Sold
$500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 113-115 Saco Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,307
6%
$487,800
11%
2023
$5,029
1%
$441,100
9%
2022
$4,963
-6%
$405,500
33%
2021
$5,280
—
$304,800
4%
2021
$5,280
16%
$294,000
—
2019
$4,557
5%
$294,000
3%
2018
$4,357
2%
$284,800
4%
2017
$4,285
2%
$272,900
—
2016
$4,219
2%
$272,900
—
2015
$4,143
2%
$272,900
—
2014
$4,061
7%
$272,900
-1%
2013
$3,789
—
$274,600
-2%
2012
$3,779
—
$281,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 113-115 Saco Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty (207) 879-9800

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113-115 Saco Avenue, Old Orchard Beach, ME 04064 (MLS# 1642237) is a Commercial property. 113-115 Saco Avenue is currently listed for $725,000 and was received on October 29, 2025. Want to learn more about 113-115 Saco Avenue? Do you have questions about finding other Commercial real estate for sale in Old Orchard Beach? You can browse all Old Orchard Beach real estate or contact a Coldwell Banker agent to request more information.

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