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For sale
Conventional restaurants
ME
Biddeford
04005
11 Elm Street

Biddeford Restaurant Opportunity on Saco

11 Elm Street, Biddeford, ME 04005

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For Sale

$1,150,000

COMMERCIAL - Biddeford, ME

Type:Retail

Property size:

3,935 SF

Lot size:

0.56 Acres

Price / SF:

$292/SF

HighLights

3,959± SF free‑standing former restaurant on Spring Island in Biddeford
Frontage on the Saco River with stream waterfront feature
Highly visible Elm Street frontage with traffic counts of approx. 12,400± vehicles/day
Large on‑site parking lot with potential for high‑volume use or drive‑thru configuration
Built in 1972 with wood siding and shingle roof
Utilities include public water and public sewer; central air with oil forced‑air heat

We can help!

Contact an agent

Steven Liautaud

Learn more

For Sale

$1,150,000

COMMERCIAL - Biddeford, ME

Type:Retail

Property size:

3,935 SF

Lot size:

0.56 Acres

Price / SF:

$292/SF

Added:: May 24, 2026
Days on Market:: 47
Last Refresh:: Jul 9 at 4:06 am

Property Features for 11 Elm Street

General Information

Property type: Commercial Sale
Property subtype: Retail
Zoning: B1
Standard status: Active
Size: 3,935 SF
Lot size: 0.56 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 7548

Utilities

Sewer type: Public Sewer
Heating system: Oil, Forced Air
Cooling system: Central Air
Water source: Public
Water front features: Stream

Building Details

Year built: 1972
Flooring type: Vinyl, Carpet
Building materials: Wood Siding
Roof type: Shingle

We can help!

Contact an agent

Steven Liautaud

Listing agent Steven Liautaud

Listing office Coldwell Banker Realty 120 Main Street, Suite 243, Saco, ME

Listing date May 24, 2026

MLS# 1658022

HighLights

3,959± SF free‑standing former restaurant on Spring Island in Biddeford
Frontage on the Saco River with stream waterfront feature
Highly visible Elm Street frontage with traffic counts of approx. 12,400± vehicles/day
Large on‑site parking lot with potential for high‑volume use or drive‑thru configuration
Built in 1972 with wood siding and shingle roof
Utilities include public water and public sewer; central air with oil forced‑air heat

Overview

This is a 3,959 square foot free-standing restaurant opportunity in Biddeford, Maine. Formerly Koi Restaurant, it is located on Spring Island with frontage on the Saco River. The property is positioned on Elm Street, which has a traffic count of approximately 12,400 vehicles per day. It features a large on-site parking lot with potential for high-volume use or drive-thru configuration. The property is surrounded by significant redevelopment, including Pepperell Mill Campus, Lincoln Mill, and continued Main Street revitalization. This location benefits from residential growth, tourism, and year-round activity. The property, which sits on a 0.56-acre lot, is suitable for restaurant, hospitality, or redevelopment. The property is located in one of Maine's fastest-growing markets.

Location Intelligence

Current Use by Public Records

Koi Asian Cuisine Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Biddeford
County: York
State: Maine
Longitude: -70.4520324
Latitude: 43.4980603

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For sale
Conventional restaurants
ME
Biddeford
04005
11 Elm Street

What type of property is this?

Conventional restaurant - Free-standing restaurant on Spring Island with high traffic visibility.

Where is this conventional restaurant located?

The property is located at 11 Elm Street Biddeford, ME.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: 3,959± SF free‑standing former restaurant on Spring Island in Biddeford; Frontage on the Saco River with stream waterfront feature; Highly visible Elm Street frontage with traffic counts of approx. 12,400± vehicles/day

11 Elm Street, Biddeford, ME 04005

COMMERCIAL - Biddeford, ME

Property Features for 11 Elm Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Three-Building Multifamily Property

Retail Building with Kitchen Area

Victorian Multifamily Estate with Pond Access

Flex Space Portfolio with Three Buildings

Multifamily Investment Opportunity in Biddeford

Coastal Farmhouse with In-Law Apartment

Biddeford Multifamily Investment Opportunity

Mixed-Use Property with Heated Warehouse

Three-Unit Residential Income Property

Biddeford Victorian Multifamily Investment

Biddeford 6-Unit Investment Opportunity

Turnkey Investment Property in Biddeford

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