9 Thornton Street - Commercial Property with Rental Income

Retail-Commercial for Sale
Catylist Listing ID: 30430788
Building Size (RSF): 8,988 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $399,000
Unit Price: $44.39 PSF
Property Use Type: Investment, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/1/2020

Overview / Comments

Diversified Income Property. REAL ESTATE ONLY FOR SALE.This 3 story commercial building with an elevator offers a floor plan to have additional rental incomes. Currently the building is being occupied by the owners.The exterior & roofs of this building have been upgraded & well maintained, and are in phenomenal condition.The exterior sheathing was insulated before the vinyl siding was applied. The building currently offers 7,026 SF of working warehouse space.The current office space being utilized is 900 SF. There are 3 overhead doors, and room for a 4th overhead door. There is also an additional 672 SF of 2nd floor unfinished detached space which would make a great office or apartment rental. Also an expandable 3rd floor attic with 1,440 SF. Outside parking allocates for 11-14 spaces. Parking inside the building is also available. Located in revitalized downtown Biddeford. Nice commercial property for investment,owner use or both. This property is worth the viewing!

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 9ThorntonBiddeford04005
Zoning: MSRD 3
Tenancy: Multiple Tenants
Number of Stories: 3
Property Condition: Good
Year Built: 1860
Lot Frontage: N/A

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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


Photograph of Listing Agent

David Trottier

Realty Sales Inc.
NECPE Member
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