This Property is no longer advertised on Showcase.com.
Off Market
1/12

47 E Grand Ave
Old Orchard Beach, ME 04064


HIGHLIGHTS

  • Heavy foot traffic
  • Long history as Breakfast/Dinner Restaurant
  • Recently updated

OVERVIEW

Great location near beach and downtown district. A fully equipped 104 seat restaurant that was extensively renovated in 2013 and brought up to code at that time. There are 10 rooms, rental/living area situated above the restaurant. Ideal for owners/employee housing for the summer. Although the property has operated as a restaurant for over 40 years, the current owners have not run it for past 2 years. They have only rented out the rooms above for student housing. There are no financials for this business/property sale. This property is being sold separately, however the abutting "Barefoot Boy Restaurant" is also available for sale at the price of $425.00, and can be combined leaving many options available for future usage of these properties. There are water views from the above apartments.

FOR SALE DETAILS

PRICE

-

CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Pierre's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

4110

STORIES

2

YEAR BUILT

1946

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

OOBH-000305-000004-000004