Property profile

2 Medical Center Dr Biddeford, ME 04005

FOR SALE
Other office properties
Property ID
US42-0237077
1,508 SF 0.2 ac lot Built 1980
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

Unit 3 at 2 Medical Center Drive is a single-story medical office condominium configured for medical use. The suite is located adjacent to SMHC Hospital and includes a waiting room with natural light, a large exam room, a private doctor’s office, and a large reception area. Additional interior features include a supply room with a sink, a restroom within the suite, and a rear storage area. The space totals 1,088 square feet and provides visibility and access to Route 111 and the Maine Turnpike.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 1980
Total area 1,508 SF
Lot 0.2 ac (8,712 SF)
Zoning code M
APN BIDD M:2 L:56-5
UPID US42-0237077

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Physician
  • Physician
  • Ophthalmologist (Bike/Boat/Book/etc) Store

Location

2 Medical Center Dr Biddeford, ME 04005
Biddeford metro Census 25100 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
3 recorded transactions
2026
$651,084
2024
$230,000
2013
Price N/A

Zoning & alternative use

M · Biddeford, ME
Zoning description

Medical Zone (M): Allows for hospitals and medical offices or other uses associated with medical facilities or occupations. j. Shoreland Zones (RP-1, RP, LR, GDI, GDII, CFMA, and LC): See Article XIV (Shoreland Zoning) f…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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