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641 Elm St
Biddeford, ME 04005
Retail Property For Sale
Investment Highlights
- Distress sale opportunity at $450,000
- Convenient Biddeford location with strong accessibility
Executive Summary
This property is ideally positioned with strong accessibility and potential for repositioning or value-add improvements. Priced below market considerations, it is well-suited for buyers seeking immediate equity and long-term growth in a developing market.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,188 SF
Building Class
C
Year Built
1979
Price
$450,000
Price Per SF
$205.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.65 AC
Zoning
B2 - General Business District
Parking
30 Spaces (13.71 Spaces per 1,000 SF Leased)
Frontage
252’ on Elm St
Amenities
- Restaurant
- Air Conditioning
Property Taxes
| Parcel Number | BIDD-000015-000000-000006 | Improvements Assessment | $227,100 |
| Land Assessment | $212,400 | Total Assessment | $439,500 |
Property Taxes
Parcel Number
BIDD-000015-000000-000006
Land Assessment
$212,400
Improvements Assessment
$227,100
Total Assessment
$439,500
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