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

  • Price: $995,000
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Federal 30-year interest rate: 6.33% last updated on Dec 8, 2022
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45-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 0406445-47 East Grand Avenue Old Orchard Beach ME 04064
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  • 0.05Acreage
  • 1915Year Built
45 & 47 East Grand Avenue are listed as a package at $995,000, and separately at $625,000 (47 E) and $425,000 (45 E).Redevelopment opportunity to raze 45 East Grand Avenue and replace with mixed-use parking on the first floor and residences above. 47 East Grand 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. The dearth of nearby housing yields pricing power for the buyer-owner.
Listed by Bean Group

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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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

Other

  • Parking Spaces11 - 20 Spaces, No Parking
  • View Count2

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$995,000
  • MLS Number1546281
  • Address45-47 East Grand Avenue
  • Broker NameBean Group
  • Modification Date10/25/2022
  • Agent ID003210
  • Broker ID2484
  • MLS StatusActive
  • Property SubTypeMixed Use

Exterior

  • ExteriorVinyl Siding

Property Information

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

Photos

  • Number of Photos19
  • Last Img Trans Date10/25/2022

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