For Sale
$1,100,000

163 Main St Biddeford, ME 04005

Historic Downtown Biddeford Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use investment opportunity encompasses two buildings totaling 18,828 square feet situated on a 0.34-acre lot in the heart of Biddeford, Maine. The property, located at 163 Main Street (and including 60 Washington Street), consists of a main 18,612 square foot building and a smaller 216 square foot structure with approximately eight parking spaces. Built in 1874 and 1980, these buildings offer a unique blend of historic charm and modern potential. The main building provides ample space for retail and office uses, while the smaller building currently houses a drive-up ATM. The property boasts a highly visible location in downtown Biddeford, directly across from the Pepperell Mill, ensuring high foot traffic and excellent exposure. Zoned MSRD1, this property presents a rare opportunity for redevelopment, particularly given its eligibility for Historic Tax Credit Renovation. The asking price is $1,100,000, translating to $58.42 per square foot. The property's APN is Map 38, Lot 351 and Lot 345. This is a remarkable chance to acquire a significant piece of Biddeford's vibrant downtown area. Don't miss this chance to own a piece of history with immense potential for future growth and profitability.

Highlights

  • Two mixed-use buildings, rarely available, offered for the first time in over a century.
  • 163 Main Street and 60 Washington Street comprise the offering.
  • 18,612 square feet of retail/office space plus a 216 square foot drive-up ATM building with 8 parking spaces.
  • High visibility downtown Biddeford location, opposite the Pepperell Mill.
  • Ideal for Historic Tax Credit renovation.

Property Details for 163 Main St

Property type
Retail properties, Office properties
Square Feet
18,828 SF
Buildings
2
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Biddeford
County
York
State
Maine
Latitude
43.493233736826
Longitude
-70.454992309249

FAQs

What type of property is this?
Retail property - Historic Downtown Biddeford Investment Opportunity
Where is the retail property located?
The property is located at 163 Main St Biddeford, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two mixed-use buildings, rarely available, offered for the first time in over a century.; 163 Main Street and 60 Washington Street comprise the offering.; 18,612 square feet of retail/office space plus a 216 square foot drive-up ATM building with 8 parking spaces.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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163 Main St
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