6 Proctor Rd Unit C, Biddeford, ME 04005

Property Description

CURRENT CAP RATE AT 13.52 PERCENT. SELLER IS OPEN TO OWNER FINANCING OPPORTUNITIES Incredible commercial opportunity featuring three standalone buildings on 1+ acre, ideal for mixed-use, income, or owner-occupied business operations. Property includes a 3BR main residence with in-law suite and full kitchens, radiant floor heat, two laundry rooms, Viessmann system, tiled baths, newer metal roof, and 20KW whole-house generator. Office/warehouse building is fully networked, includes a full bath, two ductless mini-splits, 10KW generator, and is structurally designed for a future second story. The third building is a cottage with open plan, washer/dryer, Bose surround, mounted TV, and its own 10KW generator. All three buildings are smart-enabled with app-based controls for locks, lights, thermostats, alarms, and cameras. In ground 500-gallon propane tanks (remote monitored). A new leach field was installed in 2021. Plenty of paved parking and room to expand. Zoned for flexible commercial and residential use. Located minutes from downtown Biddeford, UNE, beaches, restaurants, and I-95. Existing tenants wish to stay. Appliances convey. High-income potential and development upside. . Buyer to verify all information during due diligence.