Commercial for Sale: 192 Grand Avenue, Old Orchard Beach, ME 04064

$1,550,000
$1,550,000
192 Grand Avenue, Old Orchard Beach, ME 04064
$1,550,000
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Price:
$1,550,000
$250,010 - 11/17/2024

Type Commercial
Square Feet 3,456 sqft
Lot Size 0.43 acres
Year Built 1920
Taxes Paid $5,293

City Old Orchard Beach
County York

MLS 1605174
Status Active
DOM 52 days
Outstanding opportunity to acquire one of the last remaining, Prime development parcels on East Grand Avenue, with substantive road frontage & private, gated Deeded ROW leading directly onto the sands of 7 miles of some of the most beloved pristine Beaches in Southern Maine spanning Pine Point, Surfside, Old Orchard, Ocean Park, Ferry & Camp Ellis. Use existing footprints & reconstruct present structures to maximize use of the almost half Acre parcel or start fresh to create one of many development possibilities given the unique BRD Commercial/Residential Zoning. Ultimate Beach retreat to cluster of exclusive getaways to commercial venture - the possibilities with this property, which has been the loving Oceanside home of the same family since the 1920s - are literally endless. NOTE: Buyers to perform all due diligence where property being sold 'as is'. Total square footage is approximate. Buyer to consult Town for maximum footprint allowance. Lot is .43 Acres/18730 sq ft.. Minimum lot size in BRD zone is 10,000 sq. ft. per lot. Minimum lot area per family unit is 3,750 sq. ft. This may allow 4 family units (maybe 5) on a single Lot depending on design. In addition to BRD Zoning, Lot is within the Limited Commercial Shoreland Zoning District. This may not have a significant impact to a proposal for redevelopment except for possible small area in Southwest corner of the Lot, but Shoreland regulations to be reviewed to definitively determine applicability. Lot is furthermore within Back Dune designation. Accordingly, DEP permitting is applicable/development will require DEP review to consider impervious surface, height etc Property is in the AE zone with a base flood elevation of 9' (EL 9).BRD Zoning District allows commercial and residential uses (see Documents for permitted & conditional uses). Cash financing required.

Room Features

Basement Description None

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $5,293

Price History of 192 Grand Avenue

Date Name Price Difference
11/17/2024 Price Adjustment $1,550,000 19.23%
11/10/2024 Price Adjustment $1,299,990 16.13%
09/27/2024 Listing Price $1,550,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 192 Grand Avenue, Old Orchard Beach, ME

Location Map Street View
Photo of Frances Buck
Direct: 603-427-3328
Office
55 Congress St Suite A
Portsmouth, NH 03801
603-431-1100
Listed by Keller Williams Realty, Cristina Eugen 207-879-9800
$
20%
0.34148387096774%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
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192 Grand Avenue (MLS #1605174) is a commercial listing located in Old Orchard Beach, ME. This commercial listing is 3,456 sqft and on a lot of 18,731 sqft (or 0.43 acres) and is 104 years old. This property was listed on 09/27/2024 and has been priced for sale at $1,550,000.

Nearby zip codes are 04005, 04006, 04072 and 04074. This property neighbors other cities such as Biddeford, Saco and Scarborough.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.