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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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11 Elm St , Biddeford, ME 04005
$995,000
Est. Payment: $2,211.11/mo
0 Bed
0 Bath
3935 Sqft
Status: Active | Days on site: 125
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House Description

Rare 3,959± SF Free-Standing Restaurant Opportunity - Biddeford, Maine. Positioned in one of southern Maine's fastest-growing markets, this 3,959± SF free-standing building offers a unique opportunity on sought-after Elm Street in Biddeford. Ideally located on Spring Island with frontage along the scenic Saco River, the property was formerly home to the well-known Koi Restaurant and is primed for a new concept to capitalize on its exceptional setting. The site benefits from strong visibility with approximately 12,400 vehicles per day and features a large on-site parking lot, suitable for high-volume dining or potential drive-thru use. This location sits at the center of a rapidly evolving district, surrounded by major redevelopment and investment, including: • Pepperell Mill Campus - a transformative mixed-use redevelopment with residential, office, and retail • Lincoln Mill - repositioned into modern residential and commercial space • Riverdam Mill - continued adaptive reuse adding housing and businesses • Biddeford Main Street Revitalization - ongoing streetscape and business growth initiative • The Levee Development - new mixed-use riverfront investment bringing increased foot traffic. With a combination of riverfront appeal, strong traffic counts, ample parking, and proximity to significant redevelopment, this property presents an outstanding opportunity for restaurateurs or investors looking to establish a presence in one of Maine's most dynamic growth markets.

Highlights

Listed by Steven Liautaud , 207-604-0655 Coldwell Banker Realty , 207-282-5988.

Property Type

Commercial Sale

Lot/Acreage
0.56

Year Built

1972

County

York

Listing ID

1658022

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Vinyl
Water:Public

Exterior Features

Lot:Bus Line,Business District,Downtown,Near Turnpike/Interstate,Public Transport Access,Water View,Waterfront
Zoning:B1
Roof:Pitched,Shingle
Others:
  • Additional:River/Brook/Stream
Sewer:Public Sewer
Parking Features:21+ Spaces,On Site,Paved
Principal Interest
$2,211
Taxes
$629

Home Price

$995,000

Loan Details

30 yrs
%

Down Payment

20%
$199,000
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Monthly Price:
$2,211.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,211.11 $629.00 $0.00 $2,840.11
Yearly $26,533.33 $7,548.00 $0.00 $34,081.33
Total $796,000.00 $226,440.00 $0.00 $1,022,440.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Biddeford, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.