356 Elm Street, Biddeford, ME, 04005 | $745,000

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. Seller will contribute towards buyers closing costs!

Features

  • Property Type: Mixed Use
  • Construction: Vinyl Siding, Asbestos, Wood Frame
  • Parking: 5 - 10 Spaces, On Site, Paved, Off Street
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Cooling: None
  • Zoning: B2
  • Year Built: 1890
  • Approx Sq. Feet: 3,598
  • Acreage: 0.35
  • Est. Taxes: $6,351
  • Lot Desc: Business District, Near Shopping
  • MLS#: 1580524
  • Website: https://www.raveis.com
    /prop/1580524/356elmstreet_biddeford_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Realty Sales Inc

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