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 of the parcel. 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 1920s - are literally endless. Buyers to perform all due diligence where property being sold 'as is'. Total square footage is approximate and consists of rough measurements of primary structure as well as cabin structure footprints.
Incredible mixed-use or multi-unit opportunity with an extensive variety of possible uses. This spacious .3 acre lot leaves room to grow or expand with an addition or new build. The lot can accommodate up to 5 units with one being dedicated to mixed use or 4 residential units. An attached or detached 1,000 sqft ADU could be added to the current property as long as one of the units is seasonally occupied by the owner. Due to lot size additional parking could be added while maintaining plenty of yard space in the front and back. Ideal location for foot traffic with plenty of on and off street parking. Just a stroll away from seven miles of beaches and local amenities like restaurants, shops, and the OOB Amusement Park.
Located just a few blocks from 7 miles of sandy beach, this cool, recently renovated restaurant has a casual vibe and is perfect for the owner/chef to operate with a small staff! The Local, as the name implies, is open year round and caters to local customers as well as to seasonal residents. It has a seating capacity of around 40 plus additional seating in the outside patio in the warmer months. It is located in a ''walkable'' neighborhood and there is on-site parking. There is a full partially finished basement of around 1200 sf for storage, along with an office and an employee bath (in addition to the 1528 sf noted in listing info). There are two additional baths for patrons on the restaurant level. Sale includes the real estate, business, inventory and equipment. The restaurant is turn key ready - act now and be in for the summer season!
Just one house back and steps to the beach and a short walk to the center of OOB. This 5 bedroom turn key investment property has a strong rental history and is fully booked out for the upcoming summer season and beyond. Very well maintained and nicely updated while keeping the warm summer beach house feel. Take in beach and water views from the front porch and many second story rooms. Projected gross income for the 2024 season is $92K including off season rentals. All current rental agreements must be honored.
Old Orchard Beach is located in Maine. Old Orchard Beach, Maine has a population of 8,745. Old Orchard Beach is less family-centric than the surrounding county with 12.74% of the households containing married families with children. The county average for households married with children is 27.97%.
The median household income in Old Orchard Beach, Maine is $50,663. The median household income for the surrounding county is $62,618 compared to the national median of $57,652. The median age of people living in Old Orchard Beach is 52.6 years.
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 12.6 degrees. The average rainfall is approximately 49.7 inches per year, with 53.8 inches of snow per year.