265 Main St Biddeford, ME 04005

Property Details for 265 Main St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.13 lot acres

Property size

14,432 SF

Zone code

MSRD1

Property type

Office buildings

APN

BIDD M:38 L:139

APU

BIDDM38L139

Description

This exceptional investment portfolio comprises three meticulously maintained buildings totaling 44,455 square feet, situated on a 0.69-acre lot in the vibrant heart of downtown Biddeford, Maine. The portfolio includes 180 Main Street, a 12,648 square foot historic brick building offering a blend of retail and office space; 265 Main Street, a 14,432 square foot turnkey property encompassing retail, office, and residential units; and 234 Main Street, a 17,375 square foot turnkey building featuring office and retail space. All three buildings boast 100% occupancy, providing immediate and substantial cash flow. Additionally, a 31-car parking lot at 14 Jefferson Street is included, enhancing the portfolio's value and appeal. Constructed in 1877, these Class A properties are zoned MSRD-1 and represent a rare opportunity to acquire a significant, fully leased, mixed-use investment in a thriving downtown area. The portfolio is offered for sale as a whole, presenting a compelling investment opportunity with strong potential for future appreciation. The address for this portfolio is 180, 234 & 265 Main Street and 14 Jefferson Street, Biddeford, ME 04005. The APN is Map 38, Lots 128, 137 & 139 and Map 71, Lot 5-1. The asking price for this exceptional portfolio is $7,500,000.

Location Insight

City

Biddeford

County

York

State

Maine

Longitude

-70.4582

Latitude

43.494

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments