Industrial Building / For Sale

Industrial for Sale
Catylist Listing ID: 30854732
Property Subtypes: Flex Space, Mixed Use, Other
Building Size (RSF): 8,988 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $475,000
Unit Price: $52.85 PSF
Ceiling: 10 ft.
Docks/Doors: 1 Dock
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

8,988± SF INDUSTRIAL BUILDING

Located in busy downtown Biddeford directly off Elm Street

Conversion plans for a seven- unit residential condo complex available

Currently configured with a large bay (not clear span), a small garage bay and office with a second-floor storage room, breakroom, office and bathroom

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31050_40-8
Zoning: MSRD3
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1860
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: asphalt lot
Total Parking Spaces: 10
Column Spacing: varies
Freight Elevators: 1
Sprinklers: None
Heat Type: Propane, Other
Interior Description: The owners have not fully utilized the building, and mechanical systems noted above have not been operated. A buyer should inspect all systems for functionality during the due diligence process.
Lot Frontage: 100 Feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,345 35,963 51,243
Median Age: 37.87 41.23 41.35
Households: 7,359 15,561 21,778

Contact

Photograph of Listing Agent

John F. Doyon, CCIM

Malone Commercial Brokers NECPE Member
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