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$1,150,000
53 Days On Site

11 Elm Street
Biddeford, ME 04005

For Sale|Retail|Active
0
Beds
0
Total Baths
3,935
SqFt
$292
/SqFt
1972
Built
County:
York
Days online/new listing status provided by Showcase IDX.
Listing courtesy of of Coldwell Banker Realty 207-282-5988
Call Now: 207.710.8290
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207.710.8290
11 Elm Street11 Elm Street11 Elm Street11 Elm Street
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Mortgage Calculator

Monthly Payment (Est.)

$5,247
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$1,150,000
Days On Site 
53 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,935 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.56 Acres
Year Built 
1972
MLS® Number 
1658022
Status 
Active
Property Tax 
$7,548
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status provided by Showcase IDX.
Friends & Family
Recent Activity
2 weeks agoPrice changed to $1,150,000
2 weeks agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
Price history, status history, and update history provided by Showcase IDX.
General Features
Acres 
0.56
Land Lease 
No
Parking 
On SitePaved
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
3935
Utilities 
Propane
Water Source 
Public
Zoning 
B1
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
CarpetVinyl
Heating 
OilForced Air
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Exterior Features
Construction Details 
Wood Siding
Roof 
Shingle
View 
Water
Waterfront 
Yes
Waterview 
Water
Listing courtesy of of Coldwell Banker Realty 207-282-5988 Bought with of



Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Last checked 2026-06-08 11:19 AM UTC

Neighborhood & Commute
Source: Walkscore
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