457 Alfred St, Biddeford, ME 04005
- Industrial properties
- 15,424 SF
- 3.48 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 457 Alfred St
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.48 lot acres
- Zone code
- I3
- Property type
- Industrial properties
- APN
- BIDD M:17 L:7
- APU
- BIDDM17L7
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 31, 2023 | — | Five Star Holdings LLC | — | Deed · related | $1M · Androscoggin Bank |
| Aug 5, 2015 | — | 5 Star Holdings LLC | Beacon Press INC | Quit Claim Arm's Length For Ne States | $1M · Biddeford Savings Bk |
| Jun 29, 2006 | — | Florida Corp | — | Deed Of Trust · related | $60k · Td Bank NA |
Description
This exceptional 0.64-acre development opportunity is located at 457 Alfred Street in Biddeford, Maine, zip code 04005. The property, currently zoned Industrial 3 (I-3), offers significant potential for retail development. With a flexible square footage ranging from 3,000 to 6,000 square feet, this site allows for a variety of development options to suit diverse business needs. Its prime location on Biddeford's Route 111 retail corridor ensures high visibility and accessibility, benefiting from an average daily traffic count of approximately 30,000 vehicles. The property boasts excellent signage opportunities at the well-lit intersection of West Cole Road and Route 111, providing exceptional exposure to potential customers. This offering presents a rare chance to acquire a strategically positioned retail development site in a thriving Maine market. The asking price for this remarkable property is $500,000. The current owner is Five Star Holdings, LLC.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $605,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $914,000
Market price range: $342k - $1.08M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $620,000 Current use
- WAREHOUSE, STORAGE
- $500,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Biddeford
- County
- York
- State
- Maine
- Longitude
- -70.4857
- Latitude
- 43.479
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
