457 Alfred StBiddeford, ME 04005

  • Industrial properties
  • 15,424 SF
For Sale
$500,000 View listing

Property Details for 457 Alfred St

Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.48 AC
Property size (Sq ft)
15,424 SF
Zone code
I3
Property type
Industrial properties
Property subtype
Other industrial properties
APN
BIDD M:17 L:7
APU
BIDDM17L7

Description

This exceptional 0.64-acre development opportunity is located at 457 Alfred Street in Biddeford, Maine, zip code 04005. The property, currently zoned Industrial 3 (I-3), offers significant potential for retail development. With a flexible square footage ranging from 3,000 to 6,000 square feet, this site allows for a variety of development options to suit diverse business needs. Its prime location on Biddeford's Route 111 retail corridor ensures high visibility and accessibility, benefiting from an average daily traffic count of approximately 30,000 vehicles. The property boasts excellent signage opportunities at the well-lit intersection of West Cole Road and Route 111, providing exceptional exposure to potential customers. This offering presents a rare chance to acquire a strategically positioned retail development site in a thriving Maine market. The asking price for this remarkable property is $500,000. The current owner is Five Star Holdings, LLC.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,918,824
    Hospitality
    $2,673,627
    Educational
    $2,224,426
    Medical
    $2,300,928
    Retail
    $3,460,219
457 Alfred St, Biddeford, Maine

Location Insight

City
Biddeford
County
York
State
Maine
Latitude
43.479
Longitude
-70.4857
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,570
$784,500
$1,164,400
$1,948,900
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