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.
Room Features
Basement DescriptionNone
Lot & Building Features
CoolingNone
Tax Year2023
Taxes Paid$5,293
Price History of 192 Grand Avenue, Old Orchard Beach, ME
Date
Name
Price
Difference
11/17/2024
Price Adjustment
$1,550,000
19.23%
11/10/2024
Price Adjustment
$1,299,990
16.13%
09/27/2024
Listing Price
$1,550,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
192 Grand Avenue (MLS #1605174) is a commercial listing located in Old Orchard Beach, ME.
This commercial listing is 3,456 sqft and on a lot of 18,731 sqft (or 0.43 acres) and is 104 years old. This property was listed on 09/27/2024 and has been priced for sale at $1,550,000.
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Listing information courtesy of: Keller Williams Realty