53 Main StreetBiddeford, ME 04005MLS Number 1569000

  • Sale Price: $425,000
  • 176 Days Since Sale
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Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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53 Main Street Biddeford ME 04005
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  • 2Bathrooms
  • 0.03Acreage
  • 2,550Square Feet
** BACK ON MARKET! AT NO FAULT OF THE SELLERS** Updates have been completed since original listing, and building now fully vacant! Discover an exceptional investment opportunity in the bustling heart of downtown Biddeford. This distinctive mixed-use building perfectly combines commercial potential with residential charm, offering a myriad of possibilities for investors, business owners, and rental income seekers. Commercial Space: The ground floor features a spacious mixed use space that once housed Villari's Dojo and more recently served as a record store. With an open layout and ample space, this commercial area presents an enticing canvas for entrepreneurs to realize their creative visions. With plenty of space for storage - providing practicality and convenience for business operations. Residential Haven: Upstairs, a private entrance leads to a 3-bedroom, 1-bathroom apartment spanning 1275 square feet. This charming living space is thoughtfully designed, with an open layout that seamlessly connects the living and kitchen areas creating an inviting and comfortable atmosphere. The apartment's separate entrances ensures privacy and convenience for residents. This also presents an excellent opportunity for generating steady rental income. Its appealing layout and convenient location make it an attractive option for potential tenants. Investors can maximize returns by leasing both the commercial space and the residential apartment. This unique setup offers the advantage of diversifying income sources. Entrepreneurs have the chance to establish a thriving venture in a prime downtown location. With foot traffic and visibility, the commercial space is poised to become a hotspot for a variety of businesses. Don't miss out on this exceptional mixed-use building in the heart of downtown Biddeford. This building is a prime opportunity that can only be of worth for its next owners!
Listed by Landing Real Estate

Sold by CORE

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Hallowell, ME 04347

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More Info

Basic Information

  • Documents Available Property Disclosure Member Only, Deed Member Only, Lead Paint Addendum Public Access
  • Gross Income $44,400

Basic Information

  • Agent ID022508
  • Broker ID2757
  • Broker NameLanding Real Estate
  • List Price$399,999
  • LocationTypeBusiness District, Historic District, Retail Strip
  • MLS Number1569000
  • Modification Date01/23/2024
  • Property TypeResidential Income
  • Sale Date01/23/2024
  • Sale Price$425,000

Interior

  • Flooring Wood, Tile, Other

Utilities

  • Electric Circuit Breakers
  • Gas Bottled
  • Heat SystemForced Air, Direct Vent Furnace
  • Heating FuelElectric, Propane
  • Heating YN Yes
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterElectric
  • Water Source Public

Tax Information

  • Tax Book Number 15012
  • Tax Lot76
  • Tax Map Number 39
  • Tax Year 2022
  • Taxes$3,243

Building

  • Above Grade Finished Area 2,550
  • BasementNot Applicable
  • Building ConstructionWood Siding, Block, Masonry
  • Building Info Num Floors 2
  • Building Info Num Heating Units 2
  • FoundationSlab
  • Property StyleMulti-Level
  • Stories2
  • Units2
  • Units Numof 1 Bd Units 1
  • Units Numof 3 Bd Units 1
  • Year Built1900

Property Information

  • Acreage0.03
  • Lot Features Level, Historic District, Retail Strip
  • Lot Size Square Feet 1,306
  • Lot Size Units Acres
  • Site Level
  • Square Feet2,550

Other

  • Date Listed12/16/2023
  • View Count19

Parking

  • Parking Features No Driveway

Rooms

  • Bathroom2
  • Full Bath1
  • Half Baths1

Location

  • Address53 Main Street
  • Building Number53
  • CountyYork
  • Latitude43.492456
  • Longitude-70.451988
  • StateME
  • StreetMain Street
  • TownBiddeford
  • Zip04005

Property

  • Lot Size SourcePublic Records
  • Road FrontagePublic

Exterior

  • Exterior Block, Siding
  • RoofMembrane

Amenities

  • Cooling A/C Units
  • Cooling YN Yes
  • Mls StatusClosed
  • Other AmenitiesBasement, Fireplace

Photos

  • Number of Photos41

Listing data is derived in whole or in part from the Maine IDX & 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. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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