111 Alfred St Biddeford, ME 04005-2526

Property Details for 111 Alfred St

Year built

1770

Construction

FRAME

Lot size

0.03 lot acres

Property size

712 SF

Zone code

MSRD1

Property type

Investment properties

Property subtype

Live-work space

APN

BIDD M:38 L:431-1

APU

BIDDM38L4311

Description

This exceptional mixed-use property at 111 Alfred Street in Biddeford, Maine presents a unique investment opportunity. The 712 square foot building sits on a 0.03-acre lot in the heart of Biddeford's vibrant downtown, within the Main Street Revitalization District (MSRD1). Currently operating as a barbershop, this versatile space offers significant potential for redevelopment. The MSRD1 zoning allows for flexible use, including the conversion into a 2-3 unit multifamily dwelling, catering to the area's growing demand for residential units. Alternatively, the property could be utilized as a dynamic commercial space, perfectly positioned to benefit from the high foot traffic and visibility of its prime downtown location. The building's existing structure provides a solid foundation for either residential or commercial development, offering a cost-effective entry point into the Biddeford real estate market. This property represents a rare chance to be part of Biddeford's ongoing revitalization and capitalize on the city's resurgence. Its central location and flexible zoning make it an attractive proposition for both investors and entrepreneurs seeking a foothold in a thriving Maine community. Don't miss this chance to own a piece of Biddeford's exciting future.

Location Insight

City

Biddeford

County

York

State

Maine

Longitude

-70.4568

Latitude

43.4902

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments