About This Home

This 0-bedroom, 0-bathroom commercial at 11 Elm Street in Biddeford, ME is listed for $995,000 ($253 per sqft). Built in 1972, the home offers 3,935 sqft of living space on a 0.56 acres lot.

Key Features

  • Built in 1972
  • 0.56 acre lot

Property Details

1972

Amenities

A/C
Listing Description

Rare 3,959± SF free-standing restaurant opportunity in Biddeford. Located on Spring Island with frontage on the Saco River, this former Koi Restaurant offers a prime setting for a new concept. Positioned on highly visible Elm Street with traffic counts of approximately 12,400± vehicles per day.

The property features a large on-site parking lot with potential for high-volume use or drive-thru configuration. Surrounded by significant redevelopment including Pepperell Mill Campus, Lincoln Mill, and continued Main Street revitalization, this location benefits from strong residential growth, tourism, and year-round activity. Excellent opportunity for restaurant, hospitality, or redevelopment in one of Maine's fastest-growing markets.

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

11 Elm Street

Biddeford, ME 04005

Property Details

Flooring

CarpetVinyl

Construction

Wood Siding

Heating

OilForced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 11 Elm Street is listed at $995,000 ($253/sqft). The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1972, 0.56 acre lot.

This property is listed by Steven Liautaud.

SL

Steven Liautaud

Agent at Coldwell Banker Realty

Listed by Coldwell Banker Realty · Broker phone: 2072825988 · View on Broker Site · Broker website

MLS# 1658022· Source: Maine Listings· 7 days on PropertySimple

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11 Elm Street, Biddeford, ME 04005

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