356 Elm Street

Biddeford, ME 04005

$745,000
Price
Beds
3,598 Sq. Ft.
$207 / Sq. Ft.
3,598
Sq. Ft.
$207
per Sq. Ft.

Description

ROUTE 1 EXPOSURE WITH A HIGH TRAFFIC COUNT located at the 5 points intersection. 3.5 % DOWN PAYMENT-96.5 % FHA FINANCING AVAILABLE. This property is located in the B2 business zone and allows many different commercial & residential uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial & residential usage. This is an ideal diversified income producing property. Run your business from the large 1st floor front unit with the...ROUTE 1 EXPOSURE WITH A HIGH TRAFFIC COUNT located at the 5 points intersection. 3.5 % DOWN PAYMENT-96.5 % FHA FINANCING AVAILABLE. This property is located in the B2 business zone and allows many different commercial & residential uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial & residential usage. This is an ideal diversified income producing property. Run your business from the large 1st floor front unit with the extensive route 1 exposure and collect the rent from the other three tenants. Don't let this location pass you by. The real estate being conveyed is the right side of the building only. The left side of the building is owned by someone else (360-364 Elm St) but is available for purchase. One structure with a center party wall separation. 24 HOUR NOTICE REQUIRED FOR SHOWINGS.
  1. Listed by David Trottier • Realty Sales Inc

Property Details for 356 Elm Street

Zoning
B2

Location

Listing Courtesy of Realty Sales Inc
Add your commute
LISTING UPDATED: 04/01/2024 06:08 PM

Property Details for 356 Elm Street

StatusActive
MLS #1580524
Days on Market107
Taxes$6,351 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1890
Lot Size0.35 AC / 15,246 SF
CountyYork County

Location

Listing Courtesy of Realty Sales Inc
Add your commute

Building Information for 356 Elm Street

Stories-Residences-Year Built1890Lot Size0.35 AC / 15,246 SF

Payment Calculator

$4,595 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,066

Property Taxes

$529

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 356 Elm Street

Summary
Location and General Information
  • Directions: 5 Points Intersection. Across the street from People's Choice Credit Union. Corner lot property. Sign out front.
  • Town: Biddeford
  • State/Province: ME
  • Zip Code: 04005
  • County: York
  • Geo Latitude: 43.48507
  • Geo Longitude: -70.469742
  • Tax Lot: 177
  • Location:Business District: Yes
  • Location:Near Shopping: Yes
Parking
  • Parking Features: 5 - 10 Spaces, On Site, Paved, Off Street
Taxes and HOA Information
  • Tax Book Number: 17292
  • Tax Map Number: 27
  • Tax Year: 2024
  • Parcel Number: 356ElmBiddeford04005
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,351.00
Property
Lot Information
  • Lot Size Acres: 0.35
  • Building Area Total: 3598.0
  • Lot Size Area: 0.35
  • Lot Size Units: Acres
  • Lot Size Square Feet: 15246.0
  • Street Number: 356
  • Property Information:Surveyed: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1890
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Asbestos, Wood Frame
  • Roof: Pitched, Shingle
Interior Features
  • Basement: Dirt Floor, Full, Unfinished
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Cooling: None
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Foundation Details: Granite
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes

Property History for 356 Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 356 Elm Street

Taxable ValueLand$120,000Additions$206,900Total$326,900
Tax Record2022$5,364 ($447 / month)
Home Facts
Baths4Total Finished SqFt3,598 SqFtAbove Grade Finished SqFt3,598 SqFtUnfinished Basement SqFt1,340 SqFtStories3Lot Size15,246 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningB2CountyYORKAPNBIDD M:27 L:177

Schools near 356 Elm Street

This home is within Biddeford Public Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Biddeford Primary School
Public1 to 3

Biddeford Intermediate School
Public4 to 5

Biddeford Middle School
Public6 to 8

Biddeford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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356 Elm Street is a mixed use property for sale in Biddeford, ME 04005. This property was listed for sale on January 16, 2024 by Realty Sales Inc, it's currently listed at $745,000. It has been on the market for a total of 107 days and was last sold on August 1, 2016. This listing's school district is Biddeford Public Schools. Nearby schools include Biddeford Primary School, Biddeford Intermediate School and Biddeford Middle School. 356 Elm Street is a 0-bed, 0-bath, 3,598 sqft mixed use property built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Sales Inc

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.