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    Multi-Tenant Industrial Property For Sale Title is generated by Realmo AI

    9 Landry St, Biddeford, ME 04005

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    Multi-tenant industrial property in Biddeford Airport Industrial Park.

    Type:FLEX_R_AND_D
    Property size:
    18,000 SF
    Lot size:
    4.22 Acres
    Price / SF:
    $122/SF
    Added:
    Jun 18, 2025
    Days on Market:
    362
    Last Refresh:
    Apr 5 at 8:23 pm

    Property Features for 9 Landry St

    General Information

    Standard status
    Active
    Size
    18,000 SF
    Lot size
    4.22 Acres
    Property subtype
    FLEX_R_AND_D

    Properties For Sale

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    Listing Contact
    P. Gregory Hastings II,SIOR

    Listing agent P. Gregory Hastings II,SIOR

    Listing office The Dunham Group

    Listing date Jun 18, 2025

    Source Moodyscre

    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

    HighLights

    • 12,000± SF available for lease or occupancy.
    • Located in the Biddeford Airport Industrial Park.
    • Great owner‑user opportunity.
    • Multi‑tenant industrial property.
    • Unit 2 (6,000± SF) is leased.
    • Total property size of 18,000± SF.

    Overview

    This multi-tenant industrial property is located in the Biddeford Airport Industrial Park. The property has a total size of 18,000 square feet. Unit 2, comprising approximately 6,000 square feet, is currently leased. The remaining 12,000 square feet is available for lease or occupancy, presenting a potential opportunity for an owner-user.

    Local Financial Insights For Industrial

    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 $270.0k $15.00
    − Vacancy −$4.8k −$0.27
    EGI $265.2k $14.73
    − OpEx −$79.6k −$4.42
    NOI $185.6k $10.31
    18,000 SF · lease $15.00/SF/yr · vacancy 1.79% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $2.65M
    $2.32M – $3.09M (±1% cap)
    NOI $185,617 @ 7.0% cap · market cap 8.44%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $5.71M
    $4.99M – $6.66M (±1% cap)
    NOI $399,414 @ 7.0% cap · market cap 18.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    HBS Products Inc Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Dental Office Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.4852
    Latitude
    43.4663

    FAQs

    What type of property is this?
    Industrial property - Multi-tenant industrial property in Biddeford Airport Industrial Park.
    Where is this industrial property located?
    The property is located at 9 Landry St Biddeford, ME.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 12,000± SF available for lease or occupancy.; Located in the Biddeford Airport Industrial Park.; Great owner‑user opportunity.
    (207) 415-1700 Call to check price and availability
    More about this property
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