45 & 47 East Grand Avenue are listed as a package at $775,000. Buyer-developer likely has two business opportunities for the 5,550 +/- SF lot improved with two buildings; 1) Raze both buildings and construct a mixed-use three-story building with a business on the first floor and four residences upstairs and on-site parking; or 2) Raze 45 East Grand Avenue building to provide much needed on-site parking to serve 47 East Grand Avenue. 47 East Grand Avenue is improved with a mixed-use two-story building comprising a 2,000 +/- SF restaurant on the first floor and a rooming house on the upper floor with ten bedrooms, three baths, kitchen and porch. Second floor has housed summer workers for many years; last year gross revenue was $64,115. Restaurant didn't operate.2021 revenue was $69,120, The dearth of nearby housing yields pricing power for the buyer-owner.

More Info

Location Information

Building Number45-47
StreetEast Grand Avenue

Building

BasementNone
Stories2
Year Built1915
Building ConstructionWood Frame
RoofComposition, Pitched

Property

Acreage0.05
Sq Ft Finished Total4,110
Leased LandNo

Legal

Taxes$7,109
ZoningDD-2
LeasesNo

Photos

Number of Photos18
Last Img Trans Date12/15/2022

Tax Information

Tax Year22

Location

StateME
TownOld Orchard Beach
Zip04064
LocationBusiness District, Downtown, Water View
CountyYork
Map305
Road Frontage75

Interior

FloorsOther, Vinyl

Utilities

Heat SystemNone
Waste Water DisposalPublic Sewer
WaterPublic
CoolingNone
ElectricCircuit Breakers

Basic Information

List Price$775,000
MLS Number1546281
Address45-47 East Grand Avenue
Broker NameBean Group
Modification Date03/08/2023
Agent ID003210
Broker ID2484
MLS StatusPending
Property SubTypeMixed Use

Exterior

ExteriorVinyl Siding

Property Information

Property UsesBar/Tavern/Lounge, Bed and Breakfast, Commercial, Net Leased, Restaurant
Zoning OverlayUnknown

Other

Parking Spaces11 - 20 Spaces, No Parking
View Count10

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo Privacy Policy

All Maine Homes participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Name

Your Email Address

Phone

Date

Time

Your Questions & Comments I would like to schedule a viewing for (ID # 1546281)

Name

Your Email Address

Phone

Recipient's Name

Recipient's Email

Your Questions & Comments I found a listing on "All Maine Homes" which you may be interested in:

Name

Your Email Address

Phone

Message I would like more information for 45-47 East Grand Avenue Old Orchard Beach ME 04064 (ID#:1546281)

Contact:

SEARCH PROPERTIES

45-47 East Grand AvenueOld Orchard Beach, ME 04064MLS Number 1546281

$/month over payments

Share

Driving Directions

Your Local Office

More Info

Location Information

Building

Property

Legal

Photos

Tax Information

Location

Interior

Utilities

Basic Information

Exterior

Property Information

Other

Ask A Question

Popular Searches

SEARCH WITH EASE

Your Account: