Rizzo Mattson

45-47 East Grand AvenueOld Orchard Beach, ME 04064Price: $995,000

  • Price: $995,000
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All 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.
  • $995,000List Price
  • 0.05Acreage
  • 1915Year Built

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Listed by Bean Group
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.

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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. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Rizzo Mattson, REALTORS® participates in ©2022 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.

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