57 Grand Avenue Old Orchard Beach, ME

$2,499,990
Square Footage 3,020
Acres 0.08
Photo of 57 Grand Avenue Old Orchard Beach ME 04064




Description

Outstanding opportunity to own a centrally located, turn-key biz /Old Orchard Beach Landmark within walking distance of downtown attractions, yet steps to 7 miles of the most beloved Beaches in Maine with Pine Point, Ocean Park, Camp Ellis, Ferry Beach -all- nearby. Currently being used as mixed-use street level retail providing on-the-go groceries, snacks, ice cream & liquor & everything needed for the perfect beach vacation, with the expansive second floor boasting 5 bed/4BA/2 kitchens & ocean views - the property - sitting squarely in the optimal DD-2 Zoning - presents endless opportunities for varied & robust investment return, whether via re development, condo conversion, residential, continued retail use or combined retail/rental revenue streams. A must see, Oceanside resort investment opp regardless of ultimate future direction!


Listed by Keller Williams Realty, Cristina Eugen 207-879-9800

Details

MLS 1641565
Status Active
Price $2,499,990
DOM 298 days
Type Commercial
Square Feet 3,020 sqft
Lot Size 0.08 acres
Year Built 1915
Taxes Paid $3,212

Lot & Building Features

Construction Wood Frame
Cooling None
Heat Source Oil, Propane
Heating Other
Parking Description 1 - 4 Spaces, On Site, Paved
Tax Year 2024
Taxes Paid $3,212
Water Public

Room Details

Basement Description None

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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