288 Main StreetBiddeford, ME 04005MLS Number 1511823

  • Price: $749,900
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
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288 Main Street Biddeford ME 04005288 Main Street Biddeford ME 04005288 Main Street Biddeford ME 04005288 Main Street Biddeford ME 04005288 Main Street Biddeford ME 04005288 Main Street Biddeford ME 04005288 Main Street Biddeford ME 04005288 Main Street Biddeford ME 04005
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  • 0.12Acreage
  • 1910Year Built
Biddeford's revival is here with Downeast Magazine naming it one of the Best Places to Live in Maine! Travel website Matador Network names Biddeford in top 25 coolest cities to visit in America. Rare offering. 7 unit mixed used investment property in the heart of Biddeford's Main St. 100% occupancy with excellent location near Main St. and Elm St.(Rt.1) intersection. Many improvements and upgrades throughout current ownership. The property has had strong demand with both the retail and residential mix. Current apartment rents range from $750 to $950. Unit mix is (3) retail storefronts, (4) residential apartments Current monthly rents are slightly under market with mostly long term tenants, so there is room for income growth. Historical vacancy has remained extremely low throughout ownership. Gross annual rents: $65,100
Listed by www.EntryOnly.com

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number288
  • StreetMain Street

Building

  • BasementDirt Floor, Partial, Unfinished
  • Stories2
  • Year Built1910
  • Building ConstructionWood Frame
  • RoofFlat, Membrane, Pitched, Shingle

Interior

  • FloorsCarpet, Laminate, Other, Vinyl

Utilities

  • Heat SystemBaseboard, Hot Water, Multi-Zones
  • Heating FuelElectric, Oil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingNone
  • ElectricCircuit Breakers
  • GasUnknown

Tax Information

  • Tax Year2,020

Location

  • StateME
  • TownBiddeford
  • Zip04005
  • LocationHistoric District, Retail Strip
  • CountyYork
  • Map38
  • Road Frontage50

Property

  • Acreage0.12
  • Sq Ft Finished Total8,128
  • Leased LandNo

Amenities

  • Other AmenitiesBasement

Basic Information

  • List Price$749,900
  • MLS Number1511823
  • Address288 Main Street
  • Broker Namewww.EntryOnly.com
  • Modification Date10/20/2021
  • Agent ID013787
  • Broker ID2535
  • MLS StatusActive
  • Property SubTypeGeneral Commercial

Exterior

  • ExteriorVinyl Siding

Property Information

  • Property UsesRetail
  • Zoning OverlayUnknown

Photos

  • Number of Photos8
  • Last Img Trans Date10/12/2021

Other

  • Parking Spaces5 - 10 Spaces

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Experience says it all: