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602-606 Elm Street, Biddeford, ME, 04005 | $1,700,000
ROUTE ONE INVESTMENT PROPERTY SITUATED ON A 2. 75 ACRE CORNER LOT. LOCATION, LOCATION, LOCATION! Current use is a single family home with two separate apartment buildings totaling 4 units with 5 garages. The I1 zone allows for just about any use you can think of from hotels, restaurants, contractor storage yards, storage units, warehouse, car wash, bank, all phases of marijuana, retail, office, wholesale, manufacturing, municipal use, bulk oil & more. The large backyard has plenty of room to add another building or buildings if someone wanted to keep the existing buildings & income and add further development to the property. Another driveway could potentially be added on Drapeau Street which is the abutting road of this corner lot property. Highly visible location with a high traffic count and only 1 mile to Interstate 95 and 20 minutes to Portland. Complete list of zoning uses are in the attachment section. Apartment rentals are way below market rates. ALL TENANTS ARE TENANTS AT WILL!
Features
- Property Type: Multi Family
- Construction: Wood Frame
- Parking: 21+ Spaces, On Site, Paved
- Zoning: I1
- Approx Sq. Feet: 8,182
- Acreage: 2.75
- Est. Taxes: $6,402
- Lot Desc: Near Turnpike/Interstate, Business District, Industrial Park, Near Shopping
- MLS#: 1605845
- Website: https://www.raveis.com
/prop/1605845/602606elmstreet_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. |  |
Listing courtesy of Realty Sales Inc
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