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Mixed-Use Property With Ocean Views
For Sale
$2,499,990

57 E Grand Ave, Old Orchard Beach, ME 04064

Street-level retail is combined with a five-bedroom upper-level layout featuring two kitchens and four bathrooms.

Property Size3,020 SF
Price / SF$827.81
Days on Market12

Property Features for 57 E Grand Ave

General Information

Standard status Active
Size 3,020 SF
Zoning DD-2

Additional Details

Business Included Yes

Building Details

Year Built 1915
Stories 2
Listing Agency: Keller Williams Realty
Listed By: Cristina Eugen
Source: 603luxury
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 28 at 1:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

This mixed-use property at 57 E Grand Ave includes street-level retail currently serving grocery, snack, ice cream, and liquor needs. The second floor contains 5 bedrooms, 4 bathrooms, 2 kitchens, and ocean views, creating a distinct residential component above the commercial space. The building dates to 1915.

The property is within walking distance of downtown attractions and near 7 miles of beaches, including Pine Point, Ocean Park, Camp Ellis, and Ferry Beach. DD-2 zoning supports the current mixed-use format and provides a framework for evaluating continued retail, residential, or combined uses. The existing configuration brings together ground-floor commerce and upper-level living space in an oceanside setting.

Key Highlights

  • 3,020 property size with a mixed‑use configuration
  • Street‑level retail with groceries, snacks, ice cream, and liquor
  • Second floor includes 5 bedrooms, 4 bathrooms, and 2 kitchens

Property Analytics

Current Use

Hungry Seagull - Variety ... Grocery & Convenience Store The Edgewater Hotel & Motel

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Hair Salon Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Dollar General Shops & Services
4,685 visits/mo 0.2 miles
Family Dollar Shops & Services
3,501 visits/mo 0.2 miles
Domino's Pizza Dining
1,775 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
906 visits/mo 0.4 miles

Demographics for 04064, ME

8,452
Population
6,783
Households
1.2
Avg Household Size
53
Median Age
40%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
1,261
Density / Sq Mi
$66,689
Median Household Income
$42,532
Median Earnings
$1,142
Median Rent
$312,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail is combined with a five-bedroom upper-level layout featuring two kitchens and four bathrooms.
Where is this mixed-use property located?
The property is located at 57 E Grand Ave Old Orchard Beach, ME.
What is the asking price?
The asking price for this property is $2,499,990.
What are key features of this property?
This property features: 3,020 property size with a mixed‑use configuration; Street‑level retail with groceries, snacks, ice cream, and liquor; Second floor includes 5 bedrooms, 4 bathrooms, and 2 kitchens
More about this property
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