163 Main St Biddeford, ME 04005-5501
- Banks
- 12,408 SF
- 0.16 lot acres
Current Use by Public Records
- Banks
Property Details for 163 Main St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 12,408 SF
- Zone code
- MSRD1
- Property type
- Banks
- APN
- BIDD M:38 L:351
- APU
- BIDDM38L351
Description
This exceptional mixed-use investment opportunity encompasses two buildings totaling 18,828 square feet situated on a 0.34-acre lot in the heart of Biddeford, Maine. The property, located at 163 Main Street (and including 60 Washington Street), consists of a main 18,612 square foot building and a smaller 216 square foot structure with approximately eight parking spaces. Built in 1874 and 1980, these buildings offer a unique blend of historic charm and modern potential. The main building provides ample space for retail and office uses, while the smaller building currently houses a drive-up ATM. The property boasts a highly visible location in downtown Biddeford, directly across from the Pepperell Mill, ensuring high foot traffic and excellent exposure. Zoned MSRD1, this property presents a rare opportunity for redevelopment, particularly given its eligibility for Historic Tax Credit Renovation. The asking price is $1,100,000, translating to $58.42 per square foot. The property's APN is Map 38, Lot 351 and Lot 345. This is a remarkable chance to acquire a significant piece of Biddeford's vibrant downtown area. Don't miss this chance to own a piece of history with immense potential for future growth and profitability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Biddeford
- County
- York
- State
- Maine
- Longitude
- -70.4549
- Latitude
- 43.493
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
