Active
356 Elm Street
Biddeford ME, 04005
$745,000
Active
3,598 sqft
Commercial
Built in 1890
Courtesy of Realty Sales Inc
ROUTE 1 EXPOSURE WITH A HIGH TRAFFIC COUNT located at the 5 points intersection. 3.5 % DOWN PAYMENT-96.5 % FHA FINANCING AVAILABLE. This property is located in the B2 business zone and allows many different commercial & residential uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial & residential usage. This is an ideal diversified income producing property. Run your business from the large 1st floor front unit with the extensive route 1 exposure and collect the rent from the other three tenants. Don't let this location pass you by. The real estate being conveyed is the right side of the building only. The left side of the building is owned by someone else (360-364 Elm St) but is available for purchase. One structure with a center party wall separation. 24 HOUR NOTICE REQUIRED FOR SHOWINGS.
1580524
MLSⓇ ID
May 9, 2024
Updated
Map
356 Elm Street
Biddeford ME, 04005
Interior Features
Floor Description
Wood, Vinyl, Tile, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Multi-Zones, Hot Water, Baseboard
Exterior/Building Features
Lot Size
0.35 Acres
Lot Features
Business District, Near Shopping
Roof
Pitched, Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$6,351
Tax Frequency
Annually
Garage
No
Parking
5 - 10 Spaces, On Site, Paved, Off Street
View
No
County
York
Water Source
Public
Pool
No
Zoning
B2
Buyer Agency Compensation
2%
Listing Contact: 207-985-4000
Courtesy of Realty Sales Inc
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Data last updated 1:20 PM UTC, 5/9/2024