Listing Courtesy of: Cristina Eugen - Keller Williams Realty 207-879-9800
$1,550,000 affordable loan icon

192 E Grand Avenue Old Orchard Beach, ME 04064

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Single Family Residence
5 Beds
2 Baths
3,456 Sq. Ft.
0.43 Acre Lot

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Last updated on 11/7/2024 10:46 AM
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, Surf...side, 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 Continue reading
MLS#
1605185
Property Type
Single Family
Bedrooms
5
Bathrooms
2 Full
Year Built
1920
Square Feet
3,456 sq. ft
Lot Size
0.43

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Listing Courtesy of: Cristina Eugen - Keller Williams Realty 207-879-9800
Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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.
This content last refreshed on 11/7/2024 10:46 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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