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Property profile & analytics
OFF-MARKET
Commercial real estate

2 Walnut St Old Orchard Beach, ME 04064-2835

1,440 SF 0.26 ac lot Built 1983
Entity Owned 4-yr Hold Free & Clear
Property ID
US42-0256997
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Construction FRAME
Total area 1,440 SF
Lot 0.26 ac (11,250 SF)
Zoning code BRD
APN OOBH M:304 B:2 L:9
UPID US42-0256997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pirates Patio and Galley Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ps&ds LLC · 4 yrs held
Ps&ds LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
BRD · Old Orchard Beach, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Zone: BRD, VE Flood Zone, LC, Frontal Dune Acting Chair Ethan Scott introduced Item 3, and asked if there were a representative here tonight. Brad Pineau, design engineer for Gorrill Palmer, the Applicant, then addressed the Board via a Zoom call. Brad explained that the existing structure is partially in the V-Flood zone so the proposal is to move the struc…

Zone name Beachfront Resort District
General category RESIDENTIAL
Zone area 104.65 ac
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