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  • $425,000

    53 Main Street, Biddeford, ME 04005

    4beds
    2,550sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $552,400 Zestimate®
    $167/sqft
    $-- HOA

    What's special

    ** BACK ON MARKET! AT NO FAULT OF THE SELLERS** Updates have been completed since original listing, and building now fully vacant! Discover an exceptional investment opportunity in the bustling heart of downtown Biddeford. This distinctive mixed-use building perfectly combines commercial potential with residential charm, offering a myriad of possibilities for investors, business owners, and rental income seekers. Commercial Space: The ground floor features a spacious mixed use space that once housed Villari's Dojo and more recently served as a record store. With an open layout and ample space, this commercial area presents an enticing canvas for entrepreneurs to realize their creative visions. With plenty of space for storage - providing practicality and convenience for business operations. Residential Haven: Upstairs, a private entrance leads to a 3-bedroom, 1-bathroom apartment spanning 1275 square feet. This charming living space is thoughtfully designed, with an open layout that seamlessly connects the living and kitchen areas creating an inviting and comfortable atmosphere. The apartment's separate entrances ensures privacy and convenience for residents. This also presents an excellent opportunity for generating steady rental income. Its appealing layout and convenient location make it an attractive option for potential tenants. Investors can maximize returns by leasing both the commercial space and the residential apartment. This unique setup offers the advantage of diversifying income sources. Entrepreneurs have the chance to establish a thriving venture in a prime downtown location. With foot traffic and visibility, the commercial space is poised to become a hotspot for a variety of businesses. Don't miss out on this exceptional mixed-use building in the heart of downtown Biddeford. This building is a prime opportunity that can only be of worth for its next owners!

    Zillow last checked: 7 hours ago

    Listing updated: January 15, 2025 at 07:13pm

    Listed by:

    Landing Real Estate

    Bought with:

    CORE

    Source: Maine Listings,MLS#: 1569000MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Direct Vent Furnace
    Cooling
    • A/C Units
    Features
    • Flooring: Wood, Tile, Other
    • Has basement: No
    Interior area
    • Total structure area: 2,550
    • Total interior livable area: 2,550 sqft
    • Finished area above ground: 2,550
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Driveway, None
    Features
    • Levels: Multi/Split
    Lot
    • Size: 1,306 sqft
    • Features: Level, Historic District, Retail Strip
    Details
    • Parcel number: BIDDM39L76
    • Zoning: MSRD1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding, Block, Masonry
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Biddeford
    Services availability
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