Property profile

50 Washington St Biddeford, ME 04005

OFF-MARKET
Turn key restaurants
Property ID
US42-0261705
5,190 SF 0.13 ac lot Built 1945
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,190 SF
Lot 0.13 ac (5,663 SF)
Zoning code MSRD1
APN BIDD M:38 L:346
UPID US42-0261705

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Market Farmer's Market
  • Restaurant

Location

50 Washington St Biddeford, ME 04005-2523
Biddeford metro Census 25206 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2008
Price N/A

Zoning & alternative use

MSRD1 · Biddeford, ME
Zoning description

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 ]…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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