Riverdam Mill Bldg 3 & 4

Industrial for Sale
Sale Pending
Catylist Listing ID: 30294762
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Self Storage, Warehouse/Distribution, Other
Status: Pending
Building Size (RSF): 88,620 SF
Sale Price: $1,650,000
Unit Price: $18.62 PSF
Ceiling: 16 ft. Clear
Property Use Type: Investment
Building Name: Riverdam Mill
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2019

Overview / Comments

Now available for sale or lease, the Riverdam Mill Buildings #3 and #4 offer over 88,000 +/- SF of industrial space sitting on the Saco River. The buildings are ideally suited for redevelopment and are available in their entirety for $1,650,000 or Building #3 can be purchased for $1,200,000 or Building #4, The Bugbee Machine Building can be purchased for $550,000. Lease prices range from $7.00 to $16.00 SF, NNN with TI Allowances negotiable.

Building #3 offers dramatic water views directly on the Saco River as well as the planned Riverwalk extension.

The City of Biddeford has recently committed to a public parking garage across the street.

Significant infrastructure is in place. Come join the excitement in Biddeford!

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 71-4/6
Zoning: MSRD3
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 5
Property Condition: Average
Year Built: 1900
Column Spacing: 25

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,427 34,380 51,243
Median Age: 37.86 41.32 41.35
Households: 8,223 14,991 21,778


Photograph of Listing Agent

Kevin Fletcher, CCIM

KW Commercial NECPE Member
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