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Mixed-Use Property with Retail
For Sale
$2,499,990

57 E Grand Avenue, Old Orchard Beach, ME 04064

Street-level retail is paired with an upper floor featuring five bedrooms, four bathrooms, and two kitchens.

Property Size3,020 SF
Price / SF$827.81
Days on Market376

Property Features for 57 E Grand Avenue

General Information

Standard status Active
Size 3,020 SF
Property subtype Mixed Use
Zoning DD-2

Additional Details

Mixed-Use Components retail, residential
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $3,212

Amenities

ocean views

Building Details

Building Size 3,020 SF
Year Built 1915
Stories 2
Listing Agency: Keller Williams Realty
Listed By: Cristina Eugen
Source: Oceanviewproperties
Added: Oct 22, 2025 Changed: Oct 30 Last Checked: Oct 30 at 2:00AM

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

Rey
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Investment Insights

Based on property information with market context.

At 57 E Grand Avenue, this 3,020-square-foot mixed-use property has street-level retail space and a second floor configured with five bedrooms, four bathrooms, and two kitchens. The building dates to 1915, and ocean views are noted from the upper floor. The current retail operation includes groceries, snacks, ice cream, and liquor.

The property is in DD-2 zoning in Old Orchard Beach. Downtown attractions are within walking distance, and nearby coastal areas include Pine Point, Ocean Park, Camp Ellis, and Ferry Beach.

Key Highlights

  • 3,020 square feet in a mixed‑use property
  • Street‑level retail with groceries, snacks, ice cream, and liquor
  • Upper floor includes 5 bedrooms, 4 bathrooms, and 2 kitchens

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

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

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Electrical Service Grocery & Convenience Store HVAC Service

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail is paired with an upper floor featuring five bedrooms, four bathrooms, and two kitchens.
Where is this mixed-use property located?
The property is located at 57 E Grand Avenue 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 square feet in a mixed‑use property; Street‑level retail with groceries, snacks, ice cream, and liquor; Upper floor includes 5 bedrooms, 4 bathrooms, and 2 kitchens
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