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    Property profile & analytics
    OFF-MARKET Estimated value $745,000
    Investment properties

    311 Main St, Biddeford, ME 04005-2412

    6,090 SF 0.07 ac lot Built 1900
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US42-0016335
    Property summary
    AI-generated overview

    This exceptional two-story commercial building, located at 311 Main Street in Biddeford, Maine, presents a unique investment opportunity. Built in 1900, this charming property boasts 9,975 square feet of space, ideally suited for multiple tenants. The building's traditional office subtype is complemented by its versatile zoning (MSRD1), allowing for a range of commercial uses. Situated on a 0.07-acre lot, the property offers convenient access to downtown Biddeford. The single building comprises two stories, providing ample space for various business needs. The property's address is 311 Main Street, Biddeford, ME 04005, and its location is further identified by APN Map 38, Lot 143, within York County. This historic building offers a blend of character and functionality, making it an attractive prospect for businesses seeking a prominent location in a vibrant Maine community. The property type is categorized as Retail, Office, and Restaurant, reflecting its adaptability to diverse commercial ventures. The multiple tenancy option allows for flexibility in leasing arrangements, catering to various business sizes and requirements. This is a rare opportunity to acquire a well-located, historically significant commercial property in a thriving area. The property's age and architectural style contribute to its unique appeal, while its size and zoning provide considerable versatility for future development or adaptation.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,090 SF
    Lot 0.07 ac (3,049 SF)
    Zoning code MSRD1
    APN BIDD M:38 L:143
    UPID US42-0016335
    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
    $745k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.02M
    Blend (final) Blend
    $745k
    Owner & transaction history
    Oob 10 LLC · 2 yrs held
    Oob 10 LLC
    since 2024
    Last sale
    $743,893
    7 recorded transactions
    2024
    $743,893
    2020
    2017
    2016
    2012
    2010
    2005
    Zoning & alternative use
    MSRD1 · Biddeford, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.2M +35.9%
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