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Restaurant Property with Equipment

472 Elm Street, Biddeford, ME 04005

For Sale
New
$475,000

Commercial Sale, Biddeford, ME

Property Size1,032 SF
Lot Size0.92 Acres
Price / SF$460.27
Days on Market2

Property Features for 472 Elm Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning B2
Parking features Off Street
Lot features Near Turnpike/ Interstate, Near Shopping
Standard status Active
Size 1,032 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4373

Utilities

Sewer type Public Sewer
Heating system Oil, Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1920
Listing Agency: Keller Williams Realty
Listed By: Zachary Resnikoff
Added: Nov 12 Last Checked: Nov 13 at 11:06PM
MLS# 1687592

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.

Rey
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Investment Insights

Based on property information with market context.

The property includes a 1,032-square-foot building constructed in 1920 and updated in 2023. Restaurant equipment is included, and the existing structure may support continued restaurant use. Heating is provided by oil, electric, and a heat pump, with heat-pump cooling. Public water and sewer serve the site.

Set on a 0.92-acre parcel along Elm Street in Biddeford, the property has off-street parking. Its B2 Highway Business zoning is subject to municipal approvals for commercial uses.

Key Highlights

  • 1,032‑square‑foot building, updated in 2023
  • 0.92‑acre parcel in the B2 Highway Business zone
  • Restaurant equipment included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

GRIFFINS Food for the Soul Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Nail Salon Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby
127k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 72% Shops & Services 21% Apparel 7% Home Improvements & Furnishings 1%
McDonald's Dining
25,415 visits/mo 0.4 miles
Burger King Dining
18,059 visits/mo 0.4 miles
Dollar Tree Shops & Services
17,827 visits/mo 0.2 miles
Starbucks Dining
14,664 visits/mo 0.4 miles
Ninety Nine Restaurants Dining
8,648 visits/mo 0.3 miles

Demographics for 04005, ME

24,581
Population
11,001
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
47.9 sq mi
ZIP Area
513
Density / Sq Mi
$71,268
Median Household Income
$39,176
Median Earnings
$1,186
Median Rent
$351,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Conventional restaurants in York County, ME

$319 Jul
$336 Aug
$370 Sep
$313 Oct

Properties on Market for Conventional restaurants in York County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A compact restaurant building sits on a nearly one-acre B2-zoned parcel with off-street parking.
Where is this conventional restaurant located?
The property is located at 472 Elm Street Biddeford, ME.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,032‑square‑foot building, updated in 2023; 0.92‑acre parcel in the B2 Highway Business zone; Restaurant equipment included
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