Biddeford
$1,250,000
11 Elm Street
mls: 1658022
Bathrooms: 0
Year Built: 1972
Sq Footage: 3,935
Lot Size: 0.56
Taxes: $7,548
Status: Active

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.

Listed by: Coldwell Banker Realty
contact 207-282-5988

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.

Listed by: Coldwell Banker Realty

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
3935.00
Construction Materials
Cooling
Central Air
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Vinyl
Foundation Details
Green Energy Efficient
Heating
Forced Air
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
0.5600
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Pitched, Shingle
Sewer
Public Sewer
Tax Annual Amount
7548.00
Utilities
Water Source
Public
Waterfront Yes/No
1
Year Built
1972
Zoning
B1