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About This Home

This 0-bedroom, 0-bathroom commercial at 408 Elm Street in Biddeford, ME is listed for $625,000 ($379 per sqft). Built in 1950, the home offers 1,650 sqft of living space on a 0.22 acres lot.

Agent Description

This 1,650± SF retail building presents a compelling opportunity for an owner-user or tenant seeking to establish a presence in Biddeford's growing commercial corridor. Situated on 0.22± acres with a small on-site parking footprint, the property is ideally located just 2 miles from the Maine Turnpike, offering convenient regional access and strong visibility potential.

Formerly operated as a convenience store with fuel service, the building is positioned within the B-2 Highway Business zone--makes it well-suited for a variety of concepts*. Offered as a true value-add opportunity, this "diamond in the rough" provides a blank canvas for a new owner or tenant to bring their vision to life.

Existing infrastructure includes wall-mounted coolers and a small kitchen area, offering a head start for food-related or retail operations. All other remaining furniture, fixtures, and equipment will be removed prior to occupancy. *Prospective buyers and tenants are encouraged to consult directly with the City of Biddeford to confirm specific permitted uses and explore redevelopment potential and/or underground tank use.

Key Features

  • Built in 1950
  • 0.22 acre lot

Property Details

1950

Amenities

A/C

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

408 Elm Street

Biddeford, ME 04005

Property Details

Heating

Forced Air

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 408 Elm Street is listed at $625,000 ($379/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.22 acre lot.

This property is listed by Zachary Resnikoff and can be reached at 2076069665 or zachary.resnikoff@kw.com.

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ZR

Zachary Resnikoff

Agent at Keller Williams Realty

(207) 606-9665

Listed by Keller Williams Realty

MLS# 1655350· Source: listhub· Updated today

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408 Elm Street, Biddeford, ME 04005

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