Price History

$1,550,000
9/27/2024

$1,299,990
11/10/2024

$1,550,000
11/17/2024


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

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

1920

3,456 sqft

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.


Status:

Active

Type:

Commercial

Zoning:

BeachfrontResortBRD

Frontage:

200

Heating:

Space Heater

Cooling:

None

Basement:

None

Parking:

5 - 10 Spaces

Acreage:

0.43

Est. Taxes:

$5,293

Construction

Wood Siding, Fiber Cement, Wood Frame

Lot Description:

Water View, Public Transport Access, Bus Line, Near Shopping

Waterfront:

Yes

MLS #:

1605174


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Realty