Mid-Century Modern Office Building

Office for Sale
Catylist Listing ID: 30626147
Property Subtypes: Flex Space, Office Building
Building Size (RSF): 2,367 SF
Gross Land Area: 0.23 Acres
Sale Price: $245,000
Unit Price: $103.51 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Mid-Century Modern
Class of Space: Class B
Usable Size (USF): 1,971 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/5/2020

Overview / Comments

Mid-Century Modern Office Building in Biddeford.
Architect designed. Quarried stone facade. Large, stunning and handsome waiting room. Coat room. Five private offices. Three half-bathrooms. Retro Kitchen. Furnace and Utility room. On slab. The roof is three intersectional planes. This is an architectural gem. Used for many decades as a medical office, currently occupied by a law firm. A fantastic opportunity to own a beautiful office building with exposure to the traffic on Elm Street near 5 Points. Outdoor sign. 8-10 car off street parking.

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $3,000 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Biddeford
Tax ID/APN: 0028/00/10
Zoning: OR - OFFICE RESIDENTIAL
Property Located Between: Downtown Biddeford and 5 Points
Property Visibility: Fair
Site Description: Access off Elm Street, short embankment to a level lot.
Area Description: Office, commercial, and residential arterial.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 19 SF
Year Built: 1940
Year Renovated: 1956
Roof Type: Flat
Construction/Siding: Stone
Exterior Description: Quarried Stone
Parking Ratio: 5 (per 1000 SF)
Parking Type: Surface
Parking Description: Good flat lot with 8 to 10 car parking.
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Oil
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: Original features throughout.
Zoning Description: Office Residential. Good for medical office use, services.
Lot Frontage: 67
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,098 29,902 50,309
Median Age: 37.86 40.12 41.35
Households: 4,976 12,729 21,431

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