356 Elm ST Active

Biddeford,ME 04005

$ 745000

- Bed

0 Bath

3598 SqFt


Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 3,598 sqft

Price per Sqft $207

MLS Listing ID 1580524

HOA Y/N No

Originating Board Maine Listings

Year Built 1890

Annual Tax Amount $6,351

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Property Description

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!

Location

State ME

County York

Zoning B2

Rooms

Basement Dirt Floor,Full,Unfinished

Interior

Heating Multi-Zones,Hot Water,Baseboard

Cooling None

Flooring Wood,Vinyl,Tile,Carpet

Exterior

Garage 5 - 10 Spaces,On Site,Paved,Off Street

View Y/N No

Roof Type Pitched,Shingle

Parking Type 5 - 10 Spaces,On Site,Paved,Off Street

Building

Lot Description Business District,Near Shopping

Foundation Granite

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Asbestos,Wood Frame

Others

Energy Description Oil

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