Property profile

0 York St Biddeford, ME 04005

OFF-MARKET
Retail properties & Spaces
7,500 SF Built 1877
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Property summary

AI-generated overview

This exceptional 7,500 square foot commercial building, situated on York Street in Biddeford, Maine, presents a unique investment opportunity. Built in 1877, this two-story freestanding structure boasts the historic charm of a former Pepperell Mill building, while offering significant potential for diverse uses. Currently zoned MSRD3, the property is adaptable for retail, office, or even residential conversion, subject to necessary permits and approvals. The building's prime location in downtown Biddeford ensures high visibility, benefiting from significant daily traffic counts of approximately 10,450 vehicles on nearby Main Street. Offered at $795,000, with a price per square foot of $106, this property represents a compelling chance to acquire a piece of Biddeford's rich history and capitalize on its vibrant commercial landscape. The asking price reflects the building's size, location, and historical significance, making it an attractive proposition for investors seeking a well-positioned asset in a growing Maine market. The property's substantial square footage allows for a variety of development options, catering to a wide range of potential tenants or uses. This is a rare opportunity to own a piece of Biddeford's heritage and shape its future. The zip code is 04005.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1877
Total area 7,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

York St Biddeford, ME 04005
Biddeford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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