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About the Listing 1039 - 021495
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.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Commercial Sale
MLS ®
1658022
Year Built
1972
Total Square Footage
3,935
Lot/Acreage
0.56
County
York
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Waterfront,Water View,Public Transport Access,Near Turnpike/Interstate,Downtown,Business District,Bus Line
- Garage Capacity: N/A
- Zoning: B1
- Roof: Pitched,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,On Site,Paved
Financial Details
- Tax Amount: $7,548
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
11 Elm St Biddeford, ME 04005
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