For Sale
$1,350,000

25 Alfred Rd Biddeford, ME 04005

Prime Maine Coast Hotel Project, 30-Room Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional redevelopment opportunity awaits in Biddeford, Maine. This 23,253 square foot property, situated on a 0.13-acre lot at 25 Alfred Rd, 04005, presents a unique chance to capitalize on the city's revitalization. Built in 1880, the building is officially recognized as a certified historic structure by the National Park Service, and is located within the Biddeford Main Street Historic District and the Maine Street Revitalization District (MSRD 1). On September 14th, 2023, the Historic Preservation Committee (HPC) issued a Certificate of Appropriateness for a 30-key hotel redevelopment project. This approval streamlines the development process, significantly reducing potential hurdles. The project's eligibility for substantial federal (20%) and state (25%) historic preservation tax credits offers significant financial advantages. This presents a compelling investment opportunity to create a boutique hotel in a thriving downtown area, contributing to Biddeford's vibrant future. The property's zoning is MSRD1. Architectural plans are available. This is a turnkey opportunity for a savvy investor to develop a profitable hotel in a rapidly growing Maine coastal community.

Highlights

  • Approved for inclusion in the Biddeford Main Street Historic District.
  • Located in the Maine Street Revitalization District (MSRD 1).
  • Certified historic structure by the National Park Service, eligible for rehabilitation.
  • Historic Preservation Committee (HPC) issued a Certificate of Appropriateness for a 30-room hotel redevelopment on September 14, 2023.
  • Eligible for 20% Federal Historic Preservation Tax Credits and 25% Maine State Historic Rehabilitation Tax Credits.

Property Details for 25 Alfred Rd

Property type
Hospitality properties, Hotels
Square Feet
23,253 SF
Year Built
1880
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Biddeford
County
York
State
Maine
Latitude
43.49197578
Longitude
-70.45409782

Nearby Similar for Sale

  • For Sale
    $1,100,000

    Prime Biddeford Mixed-Use Property

    Historic Downtown Biddeford Investment Opportunity

    163 Main St
    Biddeford, ME
    View Details
  • For Sale
    $500,000

    Prime Biddeford Retail Development Site

    High-traffic location, excellent signage, I-3 zoning.

    457 Alfred St
    Biddeford, ME
    View Details
  • For Sale
    $2,900,000

    12 Washington St, Biddeford, ME 04005

    Commercial real estate • 12,978 SF

    12 Washington St
    Biddeford, ME
    View Details
  • For Sale
    $440,000

    Biddeford Redevelopment Project

    Seven-unit apartment building, prime location.

    9 Thornton Ave
    Biddeford, ME
    View Details
  • For Sale
    $1,490,000

    Biddeford Industrial Property - 16 Acres

    Large industrial building, ample land, high revenue potential.

    66 Andrews Rd
    Biddeford, ME
    View Details
  • For Sale
    $1,500,000

    Prime Biddeford Warehouse - 45,126 SF

    Spacious Maine industrial warehouse, ideal for various uses.

    101 4 St
    Biddeford, ME
    View Details

FAQs

What type of property is this?
Hospitality property - Prime Maine Coast Hotel Project, 30-Room Potential
Where is the hospitality property located?
The property is located at 25 Alfred Rd Biddeford, ME.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approved for inclusion in the Biddeford Main Street Historic District.; Located in the Maine Street Revitalization District (MSRD 1).; Certified historic structure by the National Park Service, eligible for rehabilitation.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Roger Daigle
Roger Daigle
Visit Broker Website

Learn more

Useful Information

Request information

Alfred Rd
Biddeford, ME 04005

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Alfred Rd
Biddeford, ME 04005

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

25 Alfred Rd
  • Roger Daigle
    Roger Daigle
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.