Active

602-606 Elm Street

Biddeford ME, 04005

$1,700,000


Active

8,182 sqft

Commercial

Courtesy of Realty Sales Inc

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!

1605845

MLS ID

October 4, 2024

Listed

October 15, 2024

Updated

Map

602-606 Elm Street
Biddeford ME, 04005

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.75 Acres


Lot Features

Near Turnpike/Interstate, Business District, Industrial Park, Near Shopping


Sewer

Public Sewer

Other Property Details

Taxes

$6,402


Tax Frequency

Annually


Garage

Yes


Parking

21 Spaces, On Site, Paved


View

No


County

York


Water Source

Public


Pool

No


Zoning

I1

Listing Contact: 207-985-4000

Courtesy of  Realty Sales Inc

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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lifestyle Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:21 AM UTC, 10/15/2024

 

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