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Investment Highlights

  • 3 Property Portfolio

Executive Summary

95 West Grand Avenue represents a fully entitled development opportunity in one of Old Orchard Beach’s most desirable waterfront corridors. The site is approved for the construction of an 11-unit luxury condominium project with ground-floor commercial space, offering water views and a prime location along West Grand Avenue. The approved unit mix consists of five one-bedroom units, four three-bedroom units, and two four-bedroom residences, designed to appeal to a range of end users and investors. The development plan also includes 17 surface parking spaces, providing ample on-site accommodation for residents and commercial patrons. Full architectural plans are available upon request.
In addition, the offering includes 10 Bay Avenue, an adjacent ±0.06-acre parcel available for acquisition. This site provides flexibility for supplemental parking or the potential for additional residential development, enhancing the overall value of the assemblage.
Also available is 93 West Grand Avenue, a ±1,746 square foot commercial condominium ideally suited for restaurant, retail, or sales office use. This component offers the opportunity to activate the street level and complement the planned residential project.

Property Facts

Price $2,200,000
Price / SF $1,260 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 1,746 SF
Total Land Area 0.90 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
10 Bay Ave, Old Orchard Beach, ME 04064 Land 0.64 AC - $300,000
95 W Grand Ave, Old Orchard Beach, ME 04064 Land 0.26 AC - $1,500,000
93 W Grand Ave, 1st Floor - Unit 1, Old Orchard Beach, ME 04064 Retail Condo 1,746 SF 1920 $400,000
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  • Listing ID: 40662038

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 3 Property Portfolio I Old Orchard Beach, Old Orchard Beach, ME

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