Downtown Investment Portfolio / For Sale

Retail-Commercial for Sale
Also listed as Office, Multi-Family
Catylist Listing ID: 30872849
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 44,455 SF
Gross Building Area: See Agent
Gross Land Area: 0.69 Acres
Sale Price: $7,500,000
Unit Price: $168.71 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2024

Overview / Comments

Malone Commercial Brokers is pleased to offer for sale a prime three-building portfolio and parking lot in the heart of downtown Biddeford.

180 Main St - 12,648+/- SF fully leased, historic brick retail/office building

265 Main St - 14,432+/- SF fully leased, turnkey retail/office/residential building

234 Main St - 17,375+/- SF fully leased, turnkey office/retail building

14 Jefferson St - 31+/- car parking lot

Buildings can be sold as a portfolio or individually. See Broker for financials.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: Map 38, Lots 128, 137 & 139; Map 71, Lot 5-1
Zoning: MSRD-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Main Street
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Year Built: 1877
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 31
Parking Type: Surface
Parking Description: Parking in lot at 14 Jefferson St, as well as additional on-street parking and 2 on-site spaces at $55/space at 180 Main Street
Heat Type: Natural Gas, Hot Water
Lot Frontage: .99
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,427 33,925 51,243
Median Age: 37.86 41.03 41.35
Households: 8,223 14,694 21,778


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