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12 Washington St Biddeford, ME 04005

Sponsored
For Sale
$2,900,000

Prime Biddeford location, 6-unit building.

Property size:
12,978 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional mixed-use property at 12 Washington Street in Biddeford, Maine, presents a lucrative investment opportunity. The building, constructed in 1939 and encompassing 12,978 square feet on a 0.08-acre lot (APN: Map 38, Lot 350), features a blend of commercial and residential space. The ground floor houses a thriving restaurant, The Dunn Bar Irish Pub, operating under a 5-year lease with two renewal options, ensuring consistent rental income. Above the commercial space, five brand new residential units provide additional revenue streams. The residential units consist of three two-bedroom apartments and two three-bedroom apartments, all recently renovated. The three-story building is zoned MSRD1. This property offers a unique combination of established commercial tenancy and modern residential units, making it an ideal investment for those seeking a diversified portfolio. The property's location in Biddeford, York County, Maine (Zip code 04005) provides excellent access to local amenities and a vibrant community. This is a turnkey investment opportunity with strong potential for future growth and appreciation. The property is owned by Trunorth Development LLC.

Property Features for 12 Washington St

General Information

Property type
Restaurants
Square Feet
12,978 SF
Lot Size
3,485 SF

Building Details

Year Built
1939
Buildings
1
Stories
3
Units
6

HighLights

  • $2,900,000 asking price for this mixed‑use property.
  • 12,978 square foot building on a 0.08‑acre lot in Biddeford, ME.
  • Six‑unit multifamily building with one ground floor retail space.
  • Five brand new residential units (three 2‑bedroom and two 3‑bedroom units).
  • Ground floor retail space leased to The Dunn Bar Irish Pub with a 5‑year lease and two renewal options.
  • Built in 1939, three stories, located at 12 Washington St, Biddeford, ME 04005 (APN: Map 38, Lot 350).
Property Profile Location Intelligence

Current Use by Public Records

Vin Santo Italian Italian Restaurant The Dunn Bar Restaurant Wonderbar Restaurant Irish Restaurant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Biddeford
County
York
State
Maine
Longitude
-70.4566392
Latitude
43.4916959

FAQs

What type of property is this?
Restaurant - Prime Biddeford location, 6-unit building.
Where is this restaurant located?
The property is located at 12 Washington St Biddeford, ME.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: $2,900,000 asking price for this mixed-use property.; 12,978 square foot building on a 0.08-acre lot in Biddeford, ME.; Six-unit multifamily building with one ground floor retail space.
More about this property
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