12 Washington St Biddeford, ME 04005-2523

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.