40 MAIN ST

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40 MAIN ST

BIDDEFORD, ME 04005
Asking Price
$595K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail restaurant space available for purchase in downtown Biddeford.
  • Property is listed for sale at a price of 595,000 dollars.
  • Located at 43.4940 latitude and -70.4535 longitude in Maine.
  • Situated on Main St in the 04005 zip code area.
  • Ideal location for restaurant operations in a growing regional market.

What's Special

This restaurant property at 40 Main St in Biddeford, Maine, presents a functional space for food service operations. Biddeford sits within a growing region of southern Maine, benefiting from ongoing revitalization efforts that have attracted diverse businesses and residents to the downtown corridor. The area maintains a mix of historic architecture and modern commercial development, serving as a hub for local commerce and visitors alike. Investors or business owners can leverage the central location to establish a consistent presence in the community. Given the layout and zoning typical of this urban submarket, the building is well-suited for a full-service restaurant, cafe, or artisanal food concept seeking high foot traffic. The property provides a platform for operators to cater to both the immediate local population and the seasonal influx of tourism characteristic of the coastal Maine landscape.

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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176

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