Iconic Biddeford Maine Property

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30856301
Property Subtypes: Mixed Use, Street Retail, Other
Building Size (RSF): 6,090 SF
Gross Building Area: See Agent
Sale Price: $1,100,000
Unit Price: $180.62 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: 311 Main St
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2023

Overview / Comments

Main Street Biddeford- A notable and iconic location to live + work + play.

With the revitalization going on, now is the time to invest more than ever before in Biddeford Maine. This recognizable building, fully occupied, is now for sale. The first level is 3,000+/- sq.ft. of commercial space. Currently home to one business, but the space could be split up if needed to allow for more than one commerical tenant. The upper level includes three well appointed two bedroom residential apartments. With the increased need of housing, another opportunity to explore would be a condo conversion for this Iconic building which would satisfy the need for more housing, and offer such a unique living space on Main Street Biddeford.

Main Street is home to many restaurants & bars and boutique stores. Within walking distance to the Saco River, and a short drive to the University of New England and local beaches. If you have been considering investing in Biddeford, here is your sign.

This is a great opportunity, and the seller would be open to partial seller financing.

Additional Details

Nearest MSA: Portland-South Portland-Biddeford
County: York
Tax ID/APN: 31050_38-143
Zoning: MSRD1
Retail Clientele: General, Business
Site Description: property type: Office Retail
Tenancy: Multiple Tenants
Number of Stories: 2
Year Built: 1900
Construction/Siding: Brick
Parking Type: Other
Heat Type: Natural Gas
Heat Source: Baseboard
Lot Frontage: 35.1
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

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


Photograph of Listing Agent

Adam Parent

Keller Williams Realty
NECPE Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.