Catylist ID:
#30856301
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. |
Attachments & Media
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 |
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 |
Contact
Adam ParentKeller Williams RealtyNECPE Member |
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