11 Elm Street,Biddeford, ME 04005
Biddeford, ME 04005
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.
Details
| MLS # | 1658022 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 132 |
| Listing Provided By | Coldwell Banker Realty | Steven Liautaud |
Features
| SQ Feet | 3,935 |
|---|---|
| Zoning | B1 |
| Acreage | 0.56 |
| Water Front | Yes |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
Exterior
| Roof | Pitched, Shingle |
|---|---|
| Foundation Details | Poured Concrete |
| Lot Features | Bus Line, Business District, Downtown, Near Turnpike/Interstate, Public Transport Access, Water View, Waterfront |
| Waterfront Features | River/Brook/Stream |
| Construction Materials | Wood Siding |
| Exterior Co Exterior | Wood Siding |
Parking
| Parking Features | 21+ Spaces, On Site, Paved |
|---|
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 7548 |
|---|---|
| Tax Book Number | 16691 |
| Tax Year | 2026 |
| Tax Lot | 2 |
| Tax Map Number | 40 |
Area Information
| State | ME |
|---|---|
| County | York |
| City | Biddeford |
| Zip Code | 04005 |
| Area | York |
| Listing VS Median (in 04005) | |
Price: $995,000 low | high Med: $599,000 sqft: 3,935 low | high Med: 1,803 $ / sqft: $253 low | high Med: $335 On site: 132 low | high Med: 95.5 | |
Market Activity 04005
Request a showing
Request a showing
Contact
Learn More About This Property
| State | ME |
|---|---|
| County | York |
| City | Biddeford |
| Zip Code | 04005 |
| Area | York |
| Listing VS Median (in 04005) | |
Price: $995,000 low | high Med: $599,000 sqft: 3,935 low | high Med: 1,803 $ / sqft: $253 low | high Med: $335 On site: 132 low | high Med: 95.5 | |
