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Multi-Family for Sale: 53 Main Street, Biddeford, ME 04005 SOLD

1 full, 1 half baths
$425,000
$425,000
53 Main Street, Biddeford, ME 04005 SOLD
1 full, 1 half baths
$425,000
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Selling Price: $425,000
Original List Price: $399,999
Sold at 106.3% of list price
Sold Date: 01/23/2024

Type Multi-Family
Style Multi-Level
Total Baths 1 full, 1 half baths
Square Feet 2,550 sqft
Lot Size 0.03 acres
Year Built 1900
Taxes Paid $3,243

City Biddeford
County York

MLS 1569000
Status Closed
DOM 38 days
** 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!

Room Features

Basement Description Not Applicable

Lot & Building Features

Cooling A/C Units
Tax Year 2022
Taxes Paid $3,243

Unit Features

Unit 1 of Half Baths 1
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 5

Price History of 53 Main Street, Biddeford, ME

Date Name Price Difference
12/16/2023 Listing Price $425,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 53 Main Street, Biddeford, ME

Location Map Street View
Listed by Landing Real Estate 207-775-7653
Sold by CORE, Joshua Soley 207-210-5677
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6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Landing Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.