Active
192 E Grand Avenue
Old Orchard Beach ME, 04064
$1,550,000
Active
3,456 sqft
Commercial
Built in 1920
Courtesy of Keller Williams Realty
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.
1605174
MLSⓇ ID
September 27, 2024
Listed
November 17, 2024
Updated
Map
192 E Grand Avenue
Old Orchard Beach ME, 04064
Interior Features
Floor Description
Wood, Vinyl
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Space Heater
Exterior/Building Features
Lot Size
0.43 Acres
Lot Features
Water View, Public Transport Access, Bus Line, Near Shopping
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$5,293
Tax Frequency
Annually
Garage
No
Parking
5 - 10 Spaces
View
No
County
York
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
BeachfrontResortBRD
Listing History
Date | Event | Price |
---|---|---|
11/17/2024 | Price change | $1,550,000 19% |
11/10/2024 | Price change | $1,299,990 -17% |
Listing Contact: 207-710-1477
Courtesy of Keller Williams Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lifestyle Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 11:10 PM UTC, 11/17/2024