111 Alfred St, Biddeford, ME 04005-2526

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.