457 Alfred StBiddeford, ME 04005
- Industrial properties
- 15,424 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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