200 Alfred Street, Biddeford, ME 04005

Welcome to one of the most unique investment opportunities in downtown Biddeford. This spacious 19th-century home sits on a rare 0.36-acre lot just steps from the heart of the city, offering flexibility that is virtually unheard of at this location and price point. The home itself offers 3,552 sq ft, 7 bedrooms, 2 full baths, and 2 half baths. It is structurally sound, well cared for over the years, and features updated electrical and systems throughout. Current zoning allows for up to 8 units on this lot, and the existing structure is well suited for conversion to a 2 or 3 unit multi-family or commercial use, which it has operated as in the past. The generous lot also provides ample off-street parking, a rare and valuable asset in a downtown setting. Biddeford's downtown revitalization is well underway, with $90M+ in approved projects, a growing restaurant and retail scene, and a cost basis significantly below Portland. Restaurants, cafes, shops, and the Saco River are all...