Entity Owned Property summary
The Historic Laconia Lodge is a property located in Biddeford’s historic downtown area and is approved as part of the Biddeford Main Street Historic District. The building is configured for mixed-use redevelopment, with existing architectural drawings showing plans for eleven residential condominium units and two ground-floor commercial units. The property contains approximately 17,385 square feet of space and has been identified as potentially eligible for historic rehabilitation tax credits, including the Federal Historic Preservation Tax Credit (20%) and the Maine State Historic Rehabilitation Tax Credit (25%), subject to applicable program requirements.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
o nonresidential uses are subject to site plan review. [Amended 2-2-2010 by Ord. No. 2009.98 ] n. Main Street Revitalization District Zones (MSRD): [Amended 2-2-2010 by Ord. No. 2009.98 ; 4-16-2013 by Ord. No. 2013.24 ]…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MSRD1 · Biddeford, MEo nonresidential uses are subject to site plan review. [Amended 2-2-2010 by Ord. No. 2009.98 ] n. Main Street Revitalization District Zones (MSRD): [Amended 2-2-2010 by Ord. No. 2009.98 ; 4-16-2013 by Ord. No. 2013.24 ]…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
o nonresidential uses are subject to site plan review. [Amended 2-2-2010 by Ord. No. 2009.98 ] n. Main Street Revitalization District Zones (MSRD): [Amended 2-2-2010 by Ord. No. 2009.98 ; 4-16-2013 by Ord. No. 2013.24 ]…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MSRD1 in Biddeford, ME.
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