11 Elm StreetBiddeford, ME 04005MLS Number 1658022

  • Price: $1,250,000
  • 36 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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11 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 0400511 Elm Street Biddeford ME 04005
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  • 0.56Acreage
  • 3,935Square Feet
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: o Pepperell Mill Campus - a transformative mixed-use redevelopment with residential, office, and retail o Lincoln Mill - repositioned into modern residential and commercial space o Riverdam Mill - continued adaptive reuse adding housing and businesses o Biddeford Main Street Revitalization - ongoing streetscape and business growth initiative o 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 (207-282-5988)

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AllMaineHomes
AllMaineHomes
Office: 207-623-2100
183 State St
#102
Augusta, ME 04330

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Tax Information

  • Parcel Number BIDD-000040-000000-000052-000002
  • Taxes$7,548

Building

  • Commercial Bldg Information Traffic Count 12,400
  • Commercial Bldg Informationo Ceiling Height 9
  • Flooring Carpet, Vinyl
  • FoundationPoured Concrete
  • Year Built1972

Property Information

  • Acreage0.56
  • Lot Features Business District
  • Property Uses Convenience Store, Child Care, Freestanding Building, Grocery, Medical, Office Building, Commercial, Restaurant, Retail, Bar/Tavern/Lounge, Executive Suites, Development, Distribution
  • Square Feet3,935

Other

  • Attribution Contact 207-282-5988
  • Date Listed04/16/2026

Parking

  • Parking 21+ Spaces, On Site, Paved

Location

  • Address11 Elm Street
  • Building Number11
  • CountyYork
  • LocationBus Line, Business District, Downtown, Near Turnpike/Interstate, Public Transport Access, Water View, Waterfront
  • StateME
  • StreetElm Street
  • TownBiddeford
  • Zip04005

Amenities

  • Other AmenitiesWaterfront, Water View

Water Body

  • Water AccessPublic
  • Water Body TypeRiver
  • Water ViewYes
  • WaterfrontYes

Basic Information

  • List Price$1,250,000
  • MLS Number1658022
  • Property SubTypeRetail
  • Property TypeCommercial Sale
  • StatusACT

Exterior

  • Exterior Wood Siding
  • RoofPitched, Shingle

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemForced Air
  • Heating FuelOil
  • Heating YN Yes
  • Recreational Water River/Brook/Stream
  • Waste Water DisposalPublic Sewer

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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