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Property profile & analytics
OFF-MARKET
Industrial properties

9 Thornton Ave Biddeford, ME 04005

8,988 SF 0.08 ac lot Built 1860
Property ID
Property summary
AI-generated overview

This exceptional 8,988 square foot industrial building, situated on a 0.08-acre lot in the heart of Biddeford, Maine, presents a unique investment opportunity. Built in 1860, the two-story structure is zoned MSRD3 and features one loading dock and one dock-high door, enhancing its functionality. The building boasts ceiling heights ranging from 8 to 10 feet and comprises a large bay area (not clear span), a smaller garage bay, and office space. Upstairs, you'll find additional storage, a breakroom, office, and bathroom. The property's location directly off Elm Street in Biddeford's bustling downtown provides excellent visibility and accessibility. Detailed conversion plans for a seven-unit residential condo complex are available, offering significant potential for future development. The property's assessed parcel number (APN) is Map 040, Lot 08, and its address is 9 Thornton Avenue, Biddeford, ME 04005. The asking price is $440,000, translating to $48.95 per square foot. This property offers a blend of existing industrial space and exciting redevelopment possibilities in a highly desirable location. Don't miss this chance to acquire a versatile and strategically positioned asset.

Property profile
Verified
Property type Industrial properties
Year built 1860
Total area 8,988 SF
Lot 0.08 ac (3,485 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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