Commercial Building Downtown Biddeford

Retail-Commercial for Sale
Catylist Listing ID: 30556587
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 2,464 SF
Gross Building Area: See Agent
Sale Price: $585,000
Unit Price: $237.42 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2020

Overview / Comments

BG Commercial is happy to offer this great location in the heart of Biddeford. The interior has recently been renovated with over $250,000 of improvements - the building is currently being used as a restaurant. Downtown Biddeford is growing with multiple new businesses moving here and boasts the youngest population in Maine. Join the other owners and investors that have discovered opportunity here.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $5,081 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: BIDD-000038-000000-000364
Zoning: MSRD1
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Lot Frontage: 100
Water Service: Municipal
Sewer Type: Municipal

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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

Ed Herczeg

Bean Group Commercial Real Estate Brokerage
NECPE Member
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