356 Elm Street

Biddeford, ME 04005

MLS ID# 1580524 Active
Mixed Use

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$745,000

0.35 acres

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details

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. 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 t... show more

Location Information

• Street # 356
• Street Name Elm
• Street Type Street
• County York
• Town Biddeford
• State/Province ME
• Zip Code 04005
• Leased Land No
• Book 17292
• Page 156-157
• Map 27
• Lot 177
• Zoning B2
• Zoning Overlay Unknown
• Tax ID 356ElmBiddeford04005
• Full Tax Amount 6351
• Tax Year 2024
• Association Y/N No

Property Information

• Primary Use Mixed Use
• Surveyed Yes
• Year Built - 1890
• SqFt Finished Total 3598
• Lot Size Acres +/- 0.35

Compensation & Misc Info

• Buyer Agency 2%

Directions

5 Points Intersection. Across the street from People's Choice Credit Union. Corner lot property. Sign out front.

Details

• Construction

  Wood Frame

• Property Uses

  Other

• Basement

  Dirt Floor, Full, Unfinished

• Foundation Materials

  Granite

• Exterior

  Asbestos, Vinyl Siding

• Roof

  Pitched, Shingle

• Heat System

  Baseboard, Hot Water, Multi-Zones

• Heat Fuel

  Oil

• Cooling

  None

• Floors

  Carpet, Tile, Vinyl, Wood

• Parking

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

• Electric

  Circuit Breakers

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public