Downtown Investment Property in
330 Main Street, Biddeford, ME 04005
New
COMMERCIAL - Biddeford, ME
Property size:
5,069 SFLot size:
0.17 AcresPrice / SF:
$177/SF- Added:
- May 30, 2026
- Days on Market:
- 1
- Last Refresh:
- May 30 at 2:06 pm
Property Features for 330 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MSRD2
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Dirt Floor
- Standard status
- Active
- Size
- 5,069 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9550
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Metal
Listing agent Tara Peirce (207) 272-2318
Listing office Badger Peabody & Smith Realty 2633 White Mountain HWY, North Conway, ME (603) 356-5757
Listing date May 30, 2026
MLS# 1664384
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong and reliable cash flow from market‑rate rents with long‑term tenants.
- Legally classified as a 7‑unit with first‑floor expansion space, offering built‑in upside potential.
- Prime downtown location in a walkable neighborhood, steps from shops, restaurants, the riverwalk, and Amtrak.
- Five out of six units are beautifully updated.
- Includes 7 parking spaces, a valuable asset in a downtown area.
- Durable construction with metal roof and vinyl siding.
Overview
Located at 330 Main Street in Biddeford, Maine, this investment property features six units, with five having been updated. The property is situated in a walkable neighborhood, near shops, restaurants, the riverwalk, and Amtrak. The building is legally classified as a seven-unit property and includes expansion space on the first floor. The property provides seven parking spaces. The lot size is 0.17 acres and the property size is 5069 square feet. The zoning is MSRD2.
Local Financial Insights For Apartment 5plus
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 | $150.2k | $29.64 |
| − Vacancy | −$7.8k | −$1.54 |
| EGI | $142.4k | $28.10 |
| − OpEx | −$64.1k | −$12.64 |
| NOI | $78.3k | $15.45 |
5,069 SF · lease $29.64/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$979.2K – $1.31M
NOI $78,338 @ 7.0% cap · market cap 8.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,479 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Biddeford
- County
- York
- State
- Maine
- Longitude
- -70.4598575
- Latitude
- 43.4950568
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - High-performing, updated six-unit property with expansion potential in downtown Biddeford.
Where is this apartment building located?
The property is located at 330 Main Street Biddeford, ME.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Strong and reliable cash flow from market‑rate rents with long‑term tenants.; Legally classified as a 7‑unit with first‑floor expansion space, offering built‑in upside potential.; Prime downtown location in a walkable neighborhood, steps from shops, restaurants, the riverwalk, and Amtrak.
