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