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

57 E Grand Avenue, Old Orchard Beach, ME 04064

COMMERCIAL - Old Orchard Beach, ME

Property Size3,020 SF
Lot Size0.08 Acres
Price / SF$827.81
Days on Market99

Property Features for 57 E Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning DD-2
Lot features Water View, Rail Available, Public Transport Access, Near Turnpike/ Interstate, Downtown, Business District, Near Shopping, Retail Strip
Standard status Active
Size 3,020 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3212

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Oil
Water source Public

Building Details

Year built 1915
Building materials Wood Frame, Other Exterior
Listing Agency: Keller Williams Realty
Listed By: Cristina Eugen
Added: May 6 Changed: Aug 4 Last Checked: Aug 12 at 2:06PM
MLS# 1641565

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines street-level retail use with a second-floor residence. The ground-floor space is currently operated as on-the-go retail for groceries and snacks, along with ice cream and liquor. Upstairs, the expansive second level includes five bedrooms, four bathrooms, and two kitchens, with ocean views.

The property is situated in Old Orchard Beach, Maine at 57 E Grand Avenue. It is described as centrally located and within walking distance of downtown attractions, while also being near multiple nearby beaches.

Zoned DD-2, the building offers a layout designed for both retail activity at street level and residential living above.

Key Highlights

  • Mixed‑use property with street level retail currently offering on‑the‑go groceries, snacks, ice cream, and liquor
  • Second floor features 5 bedrooms, 4 bathrooms, and 2 kitchens, with ocean views
  • Sitting in DD‑2 zoning

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

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with street-level retail and a five-bedroom, four-bath second-floor residence with ocean views.
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: Mixed‑use property with street level retail currently offering on‑the‑go groceries, snacks, ice cream, and liquor; Second floor features 5 bedrooms, 4 bathrooms, and 2 kitchens, with ocean views; Sitting in DD‑2 zoning
More about this property
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