25 Alfred St | Biddeford, ME 04005
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25 Alfred St
Biddeford, ME 04005
HOTEL REDEVELOPMENT OPPORTUNITY · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Building was approved as a part of the Biddeford Main Street Historic District
- Federal Historic Preservation Tax Credits: This provides a 20% tax credit for the rehabilitation of historic, income-producing buildings that are cert
- Historic Preservation Committee (HPC) issued a certificate of appropriateness for a 30-key hotel redevelopment project on September 14th, 2023
- National Park Service determined the property to be a “certified historic structure” for rehabilitation purposes
- Located within the Maine Street Revitalization District (MSRD 1)
- Maine State Historic Rehabilitation Tax Credits: Maine offers a 25% state credit for any rehabilitation that also qualifies for the federal 20% credit
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,385 SF
Building Class
C
Year Built
1880
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Building FAR
3.00
Lot Size
0.13 AC
Zoning
MSRD1 - Maine Street Revitalization District (MSRD 1)
PROPERTY TAXES
| Parcel Number | BIDD-000038-000000-000402 | Improvements Assessment | $705,700 |
| Land Assessment | $159,100 | Total Assessment | $864,800 |
PROPERTY TAXES
Parcel Number
BIDD-000038-000000-000402
Land Assessment
$159,100
Improvements Assessment
$705,700
Total Assessment
$864,800
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