602-606 Elm Street
Biddeford, ME 04005
Square Ft.
8,182
$1,700,000
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… Read More 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! Read Less
Courtesy of Realty Sales Inc 207-252-7474
Listing Snapshot
Days Online
78
Last Updated
Property Type
Multi Family
Square Ft.
8,182
Lot Size
2.75 Acres
MLS Number
1605845
30 Days Snapshot Of 04005
$560k
-19%
(avg) sold price
17
-26%
homes sold
17
-59%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 8,182, Construction Materials: "Wood Frame"
Garage
Garage Included
Lot
Features: "Near Turnpike/Interstate", "Business District", "Industrial Park", "Near Shopping", 2.75 acres, Area: 2.75, 119,790 square feet
Parking
Features: "21+ Spaces", "On Site", "Paved"
Property
Business Type: "Bar/Tavern/Lounge", "Car Wash", "Commercial", "Hotel/Motel", "Institutional", "Office Building", "Retail", "Warehouse", "Self Storage", "Restaurant", "Other", "Manufacturing", "Industrial", "Governmental", "Gas Station", "Distribution", "Cold Storage", "Child Care", "Auto Service", Parcel Number: 602-606ElmStBiddeford04005, Property Sub Type: Multi Family, Zoning: I1
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,402, Tax Lot: 1
Utilities
Water Source: "Public"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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