MIXED USE INVESTMENT PORTFOLIO FOR SALE

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30774148
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Status: Pending
Building Size (RSF): 13,191 SF
Gross Building Area: See Agent
Sale Price: $1,495,000
Unit Price: $113.33 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2021

Overview / Comments

This property is part of a two-building portfolio package. Fully tenanted fourplex located in the heart of Biddeford. All units are 1BR/1BA and have had recent updates including new kitchen cabinets, granite countertops, stoves, and refrigerators. Heat is included in rent and is provided via boiler that is housed in the basement of 5 Alfred Street, which is the abutting property that is also included in the sale price including multi-tenanted retail/office building available housing three thriving businesses at the street level plus 8 office spaces on the second floor. Over 20 parking spaces available on the property.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $14,073 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 38/400
Zoning: MSRD1 - COMM. CORE
Lot Frontage: 400

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,671 34,380 51,243
Median Age: 37.26 41.32 41.35
Households: 7,113 14,991 21,778

Contact

Photograph of Listing Agent

Kirk A Butterfield

Keller Williams Commercial
NECPE Member
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