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57 E Grand Avenue, Old Orchard Beach, ME, 04064

5beds
4baths
3,020sqft
$2,499,990
$828price/sqft
$15,606/moest. monthly cost
$624,240/yrincome needed

About This Home

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!

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
60
BikeBikeable

Schools

3/10
Loranger Middle SchoolGrades 3-81.2 mi
5/10
--
Jameson Elementary SchoolGrades PK-21.3 mi

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Wood Frame,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Flooring: Other
  • Finished area below ground: 0
  • Finished area above ground: 3,020

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 3,020
  • Total interior livable area: 3,020 sqft

Kitchen

  • Level: Second

Laundry

  • Level: Second

Living Room

  • Level: Second

Mud Room

  • Level: First

Property

Details

  • Parcel number: OOBHM305B5L3
  • Zoning: DD-2

Features

  • Waterbody name: Atlantic Ocean

Lot

  • Lot size: 3,484 sqft
  • Features: Business District,Sidewalks

Parking

  • Parking features: Paved,1 - 4 Spaces,On Site