Commercial for Sale: 602-606 Elm Street, Biddeford, ME 04005

$1,700,000
$1,700,000
602-606 Elm Street, Biddeford, ME 04005
$1,700,000
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Price:
$1,700,000
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Type Commercial
Square Feet 8,182 sqft
Lot Size 2.75 acres
Taxes Paid $6,402
City Biddeford
County York
MLS 1605845
Status Active
DOM 81 days
ROUTE ONE INVESTMENT PROPERTY SITUATED ON A 2.75 ACRE CORNER LOT. LOCATION,LOCATION,LOCATION! Current use is a single family home with two separate apartment buildings totaling 4 units with 5 garages. The I1 zone allows for just about any use you can think of from hotels, restaurants, contractor storage yards, storage units, warehouse, car wash, bank, all phases of marijuana, retail, office, wholesale, manufacturing, municipal use, bulk oil & more. The large backyard has plenty of room to add another building or buildings if someone wanted to keep the existing buildings & income and add further development to the property. Another driveway could potentially be added on Drapeau Street which is the abutting road of this corner lot property. Highly visible location with a high traffic count and only 1 mile to Interstate 95 and 20 minutes to Portland. Complete list of zoning uses are in the attachment section. Apartment rentals are way below market rates. ALL TENANTS ARE TENANTS AT WILL!

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Lot & Building Features

Tax Year 2024
Taxes Paid $6,402

Price History of 602-606 Elm Street, Biddeford, ME

Date Name Price Difference
10/04/2024 Listing Price $1,700,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Altona Kercher
Direct: 603-275-0516
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Realty Sales Inc, David Trottier 207-252-7474
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0.37658823529412%
6.75%
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602-606 Elm Street (MLS #1605845) is a commercial listing located in Biddeford, ME. This is a commercial listing with a lot of 119,790 sqft (or 2.75 acres). This property was listed on 10/04/2024 and has been priced for sale at $1,700,000.

Nearby zip codes are 04043, 04046 5529, 04046, 04064 and 04072. This property neighbors other cities such as Arundel, Kennebunk, Kennebunk Port, Kennebunkport and Saco.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Realty Sales Inc

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.