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 22, 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 Monica Dambach shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:31 PM UTC, 11/22/2024

 

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