11 Elm Street, Biddeford, ME 04005

$1,250,000
Property Type: Commercial Square Footage: 3,935 Lot Size (sq. ft.): 24,394 Status: Active
Current Price: $1,250,000 List Date: 4/16/2026 Last Modified: 4/23/2026

Overview

Description

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 ad ...

Listing Details MLS# 1658022

Location Information

Street #
11
Street Name
Elm
Street Type
Street
County
York
Town
Biddeford
State/Province
ME
Zip Code
04005
Zip +4
2007
Leased Land
No
Book
16691
Page
436-437
Map
40
Lot
2
Zoning
B1
Zoning Overlay
Unknown
Full Tax Amount $
7548
Tax Year
2026
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
1250000

Property Information

Primary Use
Retail
Surveyed
No
Deed/Conveyance Type Offered
Warranty
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Year Built
1972
Tenancy
Single Tenant
Leases
No
SqFt Finished Total
3935
Lot Size Acres +/-
0.56

Commercial Bldg Information

Ceiling Height +/-
9
Traffic Count +/-
12400

Water Info

Water Frontage
Yes
Water View
Yes
Water Body Name
Saco River

Utilities

Utilities On
Yes

More Information

Location

Bus Line
Yes
Business District
Yes
Downtown
Yes
Near Turnpike/Interstate
Yes
Public Transport Access
Yes
Water View
Yes
Waterfront
Yes

Source of Water Frontage

Public Records
Yes

Property Uses

Bar/Tavern/Lounge
Yes
Child Care
Yes
Commercial
Yes
Convenience Store
Yes
Development
Yes
Distribution
Yes
Executive Suites
Yes
Freestanding Building
Yes
Grocery
Yes
Medical
Yes
Office Building
Yes
Restaurant
Yes
Retail
Yes

Water Body Type

River
Yes

Recreational Water

River/Brook/Stream
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Wood Siding
Yes

Roof

Pitched
Yes
Shingle
Yes

Heat System

Forced Air
Yes

Heat Fuel

Oil
Yes

Cooling

Central Air
Yes

Floors

Carpet
Yes
Vinyl
Yes

Parking

21+ Spaces
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Bus Line; Business District; Downtown; Near Turnpike/Interstate; Public Transport Access; Water View; Waterfront Source of Water Frontage: Public Records Water Body Type: River Recreational Water: River/Brook/Stream Property Uses: Bar/Tavern/Lounge; Child Care; Commercial; Convenience Store; Development; Distribution; Executive Suites; Freestanding Building; Grocery; Medical; Office Building; Restaurant; Retail Foundation Materials: Poured Concrete Exterior: Wood Siding Roof: Pitched; Shingle Heat System: Forced Air Heat Fuel: Oil Cooling: Central Air Floors: Carpet; Vinyl Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: Coldwell Banker Realty
Last Updated: April - 23 - 2026
Broker Attribution: 207-282-5988
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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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