Commercial for Sale: 311 Main Street, Biddeford, ME 04005 SOLD

$743,893
$743,893
311 Main Street, Biddeford, ME 04005 SOLD
$743,893
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Selling Price: $743,893
Original List Price: $1,100,000
Sold at 67.6% of list price
Sold Date: 02/07/2024

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Type Commercial
Square Feet 6,090 sqft
Lot Size 0.07 acres
Year Built 1900
Taxes Paid $5,525
City Biddeford
County York
MLS 1573869
Status Closed
DOM 126 days
Main Street Biddeford- A notable and iconic location to live + work + play. With the revitalization going on, now is the time to invest more than ever before in Biddeford Maine. This recognizable building, fully occupied, is now for sale. The first level is 3,000+/- sq.ft. of commercial space. Currently home to one business, but the space could be split up if needed to allow for more than one commercial tenant. The upper level includes three well appointed two bedroom residential apartments, below market rent. With the increased need of housing, another opportunity to explore would be a condo conversion for this Iconic building which would satisfy the need for more housing, and offer such a unique living space on Main Street Biddeford. Main Street is home to many restaurants & bars and boutique stores. Within walking distance to the Saco River, and a short drive to the University of New England and local beaches. If you have been considering investing in Biddeford, here is your sign.

Room Features

Basement Description Full, Unfinished

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Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $5,525

Price History of 311 Main Street

Date Name Price Difference
11/13/2023 Price Adjustment $743,893 19.58%
11/01/2023 Price Adjustment $925,000 7.04%
10/23/2023 Price Adjustment $995,000 9.55%
10/04/2023 Listing Price $1,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Fritz Schermer
Fritz Schermer
Associate Broker
Direct: 207-363-3658
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Maine Real Estate Co, Adam Parent 800-971-8860
Sold by Maine Real Estate Co, Adam Parent 800-971-8860
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6.75%
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Listing information courtesy of: Maine Real Estate Co

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.