Single-Story Medical Office
2 Medical Center Drive Biddeford, ME 04005
2 Medical Center Drive, Biddeford, ME, 04005
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For Sale
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Unit 3 features a patient-facing waiting room, exam room, and private doctor’s office within a medical office condo.
Property Size1,088 SF
Price / SF$229.78
Days on Market48
Property Features for 2 Medical Center Drive
General Information
- Standard status
- Active
- Size
- 1,088 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing agency
The Dunham Group
(207) 650-5122
Listed by
Bryan Plourde, MAI · License #SA927310
Source
Crexi
Added: Jun 4 Updated: Jul 10 at 2:00PM Checked: Jul 19 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Dunham Group
Investment Insights
Based on property information with market context.
Unit 3 at 2 Medical Center Drive is a single-story medical office condo offering a practical healthcare layout. The suite includes a welcoming front waiting room with warm natural light, a large exam room, and a private doctor’s office. Additional interior space includes a large reception area, a supply room with sink, a restroom within the suite, and a rear storage area.
The property is adjacent to SMHC Hospital, supporting an established healthcare setting. The site provides strong visibility and convenient access to Route 111 and the Maine Turnpike.
For providers seeking an easily functional space, the combination of reception, an exam room, and dedicated private office supports day-to-day clinical flow. The on-suite restroom and rear storage area help keep patient areas organized, while the supply room with sink is suited to routine care operations. The condo format also offers a defined suite for a medical practice looking for a streamlined footprint.
The property is adjacent to SMHC Hospital, supporting an established healthcare setting. The site provides strong visibility and convenient access to Route 111 and the Maine Turnpike.
For providers seeking an easily functional space, the combination of reception, an exam room, and dedicated private office supports day-to-day clinical flow. The on-suite restroom and rear storage area help keep patient areas organized, while the supply room with sink is suited to routine care operations. The condo format also offers a defined suite for a medical practice looking for a streamlined footprint.
Key Highlights
- Medical office condo Unit 3 at 2 Medical Center Drive, built in 1984
- Single‑story suite with a patient‑facing front waiting room and large reception area
- Includes a large exam room and a private doctor’s office
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $24.96 |
| − Vacancy | −$3.4k | −$3.12 |
| EGI | $23.8k | $21.84 |
| − OpEx | −$5.9k | −$5.46 |
| NOI | $17.8k | $16.38 |
1,088 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$254.6K
$222.8K – $297.0K
NOI $17,821 @ 7.0% cap · market cap 7.13%
Second Best
Healthcare Medical
$210.5K
$184.2K – $245.6K
NOI $14,738 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$344.9K
$301.8K – $402.4K
NOI $24,142 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gager Arthur H ...
Dental Office
Maine Periodontics
Dental Office
So Maine Infectious ...
Physician
Courtney Thomas M ...
Physician
Dr. Richard J. ...
Ophthalmologist
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FAQs
What type of property is this?
Medical Office Space - Unit 3 features a patient-facing waiting room, exam room, and private doctor’s office within a medical office condo.
Where is this medical office space located?
The property is located at 2 Medical Center Drive Biddeford, ME.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Medical office condo Unit 3 at 2 Medical Center Drive, built in 1984; Single‑story suite with a patient‑facing front waiting room and large reception area; Includes a large exam room and a private doctor’s office
