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About This Home
This 5-bedroom, 0-bathroom single family at 57 E Grand Avenue in Old Orchard Beach, ME is listed for $2,499,990 ($691 per sqft). Built in 1915, the home offers 3,616 sqft of living space on a 0.08 acres lot.
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 & r
obust 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!
Key Features
- Built in 1915
- 0.08 acre lot
Property Details
Monthly Cost Estimate
$13,370/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
57 E Grand Avenue
Old Orchard Beach, ME 04064
Property Details
Construction
Questions & Answers
This 5-bedroom, 0-bathroom single family at 57 E Grand Avenue is listed at $2,499,990 ($691/sqft). The estimated monthly payment is $10,833 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.08 acre lot.
This property is listed by Cristina Eugen and can be reached at 2077101477 or cristinaeugen@kw.com.