Malone Commercial Brokers is pleased to offer for sale another historic building in downtown Biddeford that is primed for redevelopment as a restaurant, grocer, financial institution or retail store.
Pepperell Hall is within the historic Pepperell Mill campus, a revived and thriving mix of businesses and apartments in the heart of downtown Biddeford. The 12,648± SF building at 180 Main St. is located directly in front of the brand-new Lincoln Lofts, which is home to 148 luxury units and a 33-room boutique hotel.
The ground floor was renovated earlier this year with 3,350± SF currently occupied and another 2,711±SF available for sub-lease. The full 6,324± SF first floor will be available September 1. Other notable details include historic masonry, 197± feet of street frontage and 12 dedicated parking spaces.
The Biddeford-Saco Mill District has emerged in recent years as a dynamic live-work-play community, becoming home to over 200 businesses and hundreds of new apartments. The neighborhood enjoys close access to some of the most spectacular beaches, rivers, lakes, and mountains in New England and also benefits from proximity to major institutions such as the University of New England as well as the Southern Maine Medical Center.
Biddeford is located less than 30 minutes from Portland and is within a 90-minute drive of Boston. An Amtrak station for the Downeaster line is just over the river in downtown Saco. With this location and unique living environment, the Mill District continues to attract interest from a diverse mix of high quality commercial and residential tenants.
LEASE RATE: $14-15.00/SF NNN
SALE PRICE: $2.4 million
180 Main St., Biddeford is listed by Brandon Mitchell of Malone Commercial Brokers in Portland. Please contact Brandon at 207-415-7982 or brandon@malonecb.com.
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