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Financial
Distress signals
Property profile

311 Main St Biddeford, ME 04005

FOR SALE
Investment properties
Property ID
US42-0016335
6,090 SF 0.07 ac lot Built 1900
Last sale Feb 2024 · $743,893
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$573k
Assessed land$153k
Assessed improvement$419k
Effective rate1.31%

Value estimate

· Oct 2026
$745k
$671k – $820k
AI approach$745k
Submarket $/SF estimate$1.02M
NOI build-up
Gross scheduled income$155k
Vacancy & credit loss−$8k
Operating expenses−$44k
NOI · 7.93% cap applied$103k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$142/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$78 – $198
Qualifying comparables15

Cap rate analysis

How does the asset earn?
7.93%
$103k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MSRD1
The commercial core district where the intent is to preserve the historic character of Biddeford while promoting the growth of businesses...
General categoryCOMMERCIAL
JurisdictionBIDDEFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Computer & Electronic Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Computer & Electronic Repair9.5
Plumbing Service9.5
Auto Parts Store9.0

Location

311 Main St Biddeford, ME 04005
County assessor Recorded deeds · 7 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25 Pool, Biddeford, ME 04005-2877 $7,000,000 Mar 2025 5,794 SF
215 Main, Biddeford, ME 04005-2427 $1,150,000 Feb 2025 4,575 SF
80 Birch, Biddeford, ME 04005-3309 $842,105 Dec 2022 8,064 SF
48 Alfred, Biddeford, ME 04005-2579 $1,600,000 Dec 2022 4,928 SF
269 Ww, Biddeford, ME 04005-9762 $400,000 Sep 2022 4,806 SF
105 Main, Biddeford, ME 04005-2503 $1,250,000 May 2022 8,268 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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