Commercial for Sale: 356 Elm Street, Biddeford, ME 04005

$745,000
$745,000
356 Elm Street, Biddeford, ME 04005
$745,000
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Price:
$745,000
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Type Commercial
Square Feet 3,598 sqft
Lot Size 0.35 acres
Year Built 1890
Taxes Paid $6,351
City Biddeford
County York
MLS 1580524
Status Active
DOM 260 days
ROUTE 1 EXPOSURE WITH A HIGH TRAFFIC COUNT located at the 5 points intersection. 3.5 % DOWN PAYMENT-96.5 % FHA FINANCING AVAILABLE. This property is located in the B2 business zone and allows many different commercial & residential uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial & residential usage. This is an ideal diversified income producing property. Run your business from the large 1st floor front unit with the extensive route 1 exposure and collect the rent from the other three tenants. Don't let this location pass you by. The real estate being conveyed is the right side of the building only. The left side of the building is owned by someone else (360-364 Elm St) but is available for purchase. One structure with a center party wall separation. 24 HOUR NOTICE REQUIRED FOR SHOWINGS. Seller will contribute towards buyers closing costs!

Room Features

Basement Description Dirt Floor, Unfinished, Full

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $6,351

Price History of 356 Elm Street

Date Name Price Difference
01/16/2024 Listing Price $745,000 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 Kirsten Wallace
Direct: 603-793-9138
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Realty Sales Inc, David Trottier 207-252-7474
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0.85248322147651%
6.75%
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356 Elm Street (MLS #1580524) is a commercial listing located in Biddeford, ME. This commercial listing is 3,598 sqft and on a lot of 15,246 sqft (or 0.35 acres) and is 134 years old. This property was listed on 08/13/2024 and has been priced for sale at $745,000.

Nearby zip codes are 04043, 04046, 04064 and 04072. This property neighbors other cities such as Arundel, Dayton, Kennebunkport, Old Orchard Beach and Saco.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Realty Sales Inc

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.