602-606 Elm Street

Biddeford, ME 04005

$1,700,000
Price
—
Beds
—
Baths
8,182 Sq. Ft.
$208 / Sq. Ft.
8,182
Sq. Ft.
$208
per Sq. Ft.
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Description

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...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!
  1. Listed by David Trottier • Realty Sales Inc

Property Details for 602-606 Elm Street

Garage
Yes
Zoning
I1
LISTING UPDATED: 01/08/2025 08:04 AM

Property Details for 602-606 Elm Street

StatusActive
MLS #1605845
Days on Market120
Taxes$6,402 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial / Multi Family
Year Built-
Lot Size2.75 AC / 119,790 SF
CountyYork County

Building Information for 602-606 Elm Street

Stories-Residences-Year Built-Building Size-Lot Size2.75 AC / 119,790 SF

Property Information for 602-606 Elm Street

Summary
Location and General Information
  • Directions: 602-606 Elm Street (Route One). Sign out front.
  • Town: Biddeford
  • State/Province: ME
  • Zip Code: 04005
  • County: York
  • Geo Latitude: 43.465396
  • Geo Longitude: -70.489797
  • Tax Lot: 1
  • Location:Business District: Yes
  • Location:Industrial Park: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
Parking
  • Parking Features: 21+ Spaces, On Site, Paved
Taxes and HOA Information
  • Tax Book Number: 1933
  • Tax Map Number: 12
  • Tax Year: 2024
  • Parcel Number: 602-606ElmStBiddeford04005
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,402.00
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 2.75
  • Building Area Total: 8182.0
  • Lot Size Area: 2.75
  • Lot Size Units: Acres
  • Lot Size Square Feet: 119790.0
  • Street Number: 602606
  • Property Information:Surveyed: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Multi Family
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00

Property History for 602-606 Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 602-606 Elm Street

Taxable ValueLand$173,700Additions$339,300Total$513,000
Tax Record2023$6,731 ($561 / month)
Home Facts
Lot Size119,790 SqFtStyleMulti-Family Dwelling (2-4)ZoningI1CountyYORKAPNBIDD M:12 L:1

Schools near 602-606 Elm Street

This home is within Biddeford Public Schools.
Rating
School
Type
Grades
Distance
Biddeford Primary School
Public - 1 to 2
Biddeford Intermediate School
Public - 3 to 4
Biddeford Middle School
Public - 5 to 8
Biddeford High School
Public - 9 to 12
Rating
School
Distance
Biddeford Primary School
Public1 to 2

Biddeford Intermediate School
Public3 to 4

Biddeford Middle School
Public5 to 8

Biddeford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 602-606 Elm Street, Biddeford, ME 04005

602-606 Elm Street is a multi-family home for sale in Biddeford, ME 04005. This property was listed for sale on October 4, 2024 by Realty Sales Inc, it's currently listed at $1,700,000. This listing's school district is Biddeford Public Schools. Nearby schools include Biddeford Primary School, Biddeford Intermediate School and Biddeford Middle School. 602-606 Elm Street is a 0-bed, 0-bath, 8,182 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Sales Inc

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.