Developer Auction: Commercial Condo in OOB Old Orchard Beach, ME

Property Location MAP

93 West Grand Avenue, Unit 101
Old Orchard Beach, ME 04064

Property #: AP24048

Preview Times


Thu. 7/18 @ 10:00AM ET
Mon. 7/22 @ 12:00PM ET
Wed. 7/31 @ 11:00AM ET

Contact Agent

Mike Carey CAI
Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com
Prime Commercial Condo Unit in Old Orchard Beach, ME - Developer Auction. Discover an exceptional opportunity at 93 West Grand Avenue. This commercial condominium unit offers an expansive 1,775+/- sq. ft. of versatile space, now available at a developer auction.
 
Key Features:
 
Location: Situated in the heart of Old Orchard Beach, this property enjoys a prime location in the bustling Downtown District 2 (DD2) zone, an area known for both its seasonal and year-round appeal to both residents and tourists.
 
Condition: The unit has been completely rebuilt including the studs. Currently presented in a vanilla shell condition, it is a blank canvas ready for your specific vision.
 
Zoning: The Downtown District 2 (DD2) zoning is designed to preserve and enhance the parcels adjacent to OOB's core tourist area. The zone allows a variety of commercial and residential uses essential for a strong local economy. DD2 locations are key for businesses and individuals looking to utilize their property beyond a short summer season. 
 
Potential: The versatile space and strategic location make this property suitable for a wide range of commercial uses, from retail shops and restaurants to professional services and entertainment venues. The vanilla shell condition provides the flexibility to tailor the interior to meet the unique needs of your business.
 
Seize this unique opportunity to establish your business in a thriving commercial district. With its prime location, robust zoning benefits, and ready-for-completion condition, this commercial condo unit is ready to become a valuable asset in your portfolio.
 
For more information and to participate in the developer auction, contact us today. Don’t miss out on the chance to be a part of Old Orchard Beach. 
 
Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Mike Carey CAI

Mike Carey CAI: Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: 10% Buyer's Premium based on the high bid.
  • Closing: 45-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: $10,000, in certified funds. Deposit to be increased to equal ten percent (10%) of purchase price (high bid + buyer's premium) within three (3) days of auction.
  • Buyer Agent Compensation: 2.5% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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