The Nevada

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30745452
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 5,610 SF
Gross Building Area: See Agent
Sale Price: $2,750,000
Unit Price: $490.20 PSF
Property Use Type: Vacant/Owner-User
Building Name: The Nevada
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/13/2021

Overview / Comments

All aboard the historic SS Nevada motel on Long Sands beach! Iconic beach front motel on the market for the first time in it's 70 year history. Original family owned and operated since 1951. Absolute one of a kind location and property with visionary Art Deco architecture and decades of nostalgia and history for York Beach. Motel appeals both to new visitors to the area because of spectacular location and cool retro 50's motel vibe and also to long time list of established patrons who return year after year. Every room has views of the ocean. Guests can enjoy a drink on the decks, take in the sunrise and moonrise over the water as well as fall asleep to the lulling sounds of the crashing surf just across the street. This neck of Long Sands beach is spacious and sandy even at high tide. Huge parking lot behind property for additional services and income. Named by current owners father after the WWII era SS Nevada, which he served on. Return the motel to it's former Art Deco hay day or bring your vision for a new bold oceanfront project. Be a kid again and take the heartwarming step back in time with this historic and quintessential York Beach property. There are only a few larger parcels on Long Sands. The lot size offers immense opportunity, whether for additional rooms, mixed use or something new entirely.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $13,562 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 131-449
Zoning: RES-7
Retail Clientele: General, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Long Sands Ave
Highway Access: 10 minutes to I-95
Airports: 3 within 1 hour
Site Description: Beachfront, level
Area Description: High tourist area, sandy beach, and rentals
Property Condition: Good
Year Built: 1952
Construction/Siding: Vinyl Siding
Parking Type: Surface
Heat Type: Oil
Heat Source: Baseboard
Internet Access: Cable
Lot Frontage: 103
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Easements Description: Utility Easement to York Shore Water Company, York Sewer District, and to CMP.. Sewer Line Easement to Anthony F Lupo Jr and Diane M Lupo.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 997 6,334 13,438
Median Age: 58.46 51.61 49.44
Households: 504 2,921 5,893
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