Stately Brick Office Building with Townhouses Property

Office for Sale
Catylist Listing ID: 30085392
Property Subtypes: Office Building
Building Size (RSF): 7,242 SF
Gross Building Area: See Agent
Gross Land Area: 0.13 Acres
Sale Price: $525,000
Unit Price: $72.49 PSF
Property Use Type: Investment
Building Name: 25 Pool Street
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/7/2018

Overview / Comments

Stately brick office building with 3 lovely 2 level townhouses with 2 bedrooms, 2 baths, separate heat and electric, common laundry area in partially finished daylight basement (1 townhouse includes tandem parking for 2 cars), first class office space with shared reception area, admin area, conference room and kitchenette and six private offices (1 with private bath and parking on paved lot), and many recent upgrades. Ideal owner occupant with rental income or fully leased investment. Walk to courthouse, area offices, municipal office, restaurants, etc. Sale includes common area furniture in office area and all appliances in townhouses as well as washer and dryer in laundry room.

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $6,895 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: BIDD-000039-000000-000050
Zoning: MSRD2
Property Located Between: Pool Street and Foss
Property Visibility: Excellent
Highway Access: Close to Biddeford highway exit
Airports: Close to Biddeford airport and Portland Jetport
Site Description: Nicely landscaped property with two paved parking areas located on corner
Area Description: Ideal location in heart of downtown Biddeford within walking distance of courthouse, municipal offices, restaurants, etc.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 2,600 SF
Year Built: 1900
Year Renovated: 2005
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Brick and masonry
Parking Type: Surface
Parking Description: 2 small paved parking areas for 2 tandem parked cars
Total Parking Spaces: 4
Heat Type: Electricity, Propane, Oil
Heat Source: Baseboard
Internet Access: Cable
Zoning Description: MSRD2
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,671 34,380 51,243
Median Age: 37.26 41.32 41.35
Households: 7,113 14,991 21,778
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