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Property profile & analytics
OFF-MARKET Estimated value $860,000
Banks

163 Main St Biddeford, ME 04005-5501

12,408 SF 0.16 ac lot Built 1900
Entity Owned Free & Clear
Property ID
US42-0876727
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,408 SF
Lot 0.16 ac (6,970 SF)
Zoning code MSRD1
APN BIDD M:38 L:351
UPID US42-0876727
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k
Owner & transaction history
163 Main Street LLC
163 Main Street LLC
since 2026
3 recorded transactions
2026
Price N/A
2025
$850,000
2017
Price N/A
Zoning & alternative use
MSRD1 · Biddeford, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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