- beds
- —
- baths
- 0
- sq ft
- 3,020
- Built
- 1915
57 E Grand Avenue
About this home
Outstanding opportunity to own a centrally located, turn-key biz /Old Orchard Beach Landmark within walking distance of downtown attractions, yet steps to 7 miles of the most beloved Beaches in Maine with Pine Point, Ocean Park, Camp Ellis, Ferry Beach -all- nearby. Currently being used as mixed-use street level retail providing on-the-go groceries, snacks, ice cream & liquor & everything needed for the perfect beach vacation, with the expansive second floor boasting 5 bed/4BA/2 kitchens & ocean views - the property - sitting squarely in the optimal DD-2 Zoning - presents endless opportunities for varied & robust investment return, whether via re development, condo conversion, residential, continued retail use or combined retail/rental revenue streams. A must see, Oceanside resort investment opp regardless of ultimate future direction!
Listing last checked: Listing updated:
Listed by Listing Agent · Keller Williams Realty · MLS #1641565
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Details at a glance
Interior3 property facts
- Heating
- Other
- Cooling
- None
- Flooring
- Other
Building4 property facts
- Style
- Mixed Use
- Year built
- 1915
- Foundation
- Other
- Roof
- Other
Land & utilities4 property facts
- Lot size
- 0.08 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- DD-2
Financial2 property facts
- Annual taxes
- $3,212
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $2,499,990 asking price. Adjust the assumptions to your situation.
Known monthly costs$12,909 / monthAdjust
- Principal & interest
- $12,641
- Property tax
- $268
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,212. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 57 E Grand Avenue
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