7 Pearl Streetb i d d e f o r d m e

for sale, for lease

key attributes

• Historic Brick Building, circa 1900

• 13,376± square feet

• Rare stand-alone, one-story brick structure

• Located in the Main Street Revitalization District (MSRD)

• Frontage on Pearl Street, Lincoln Street and Elm Street

• Divided into three distinct bays

• Retail entrance on Pearl Street, drive-in door on Pearl Street serv-ing the hi-bay section, loading dock at the corner of Pearl and Lincoln Street

• Located in the re-development area across from the former Merc facility

• Nearby re-development of historic mills includes high-end condos, student housing, workforce housing, restaurant, office and commercial space

The statements and figures presented herein, while not guaranteed, are secured from authoritative sources. The broker discloses that she is acting solely as an agent for the seller in the marketing, negotiation and selling of the property.

Roxane A. Cole, CCIMmanaging member

Commercial Broker

P.O. Box 7432 Portland ME 04112-7432 • 207.653.6702 • www.roxanecole.com

Flexible MSRD1 Zoning permits artists residences and studios, art gallery,

commercial schools, drug store, medical supply, financial institution, fitness center,

hotel/motel, multi-family dwelling, museum, neighborhood convenience store,

nursery school, business and professional offices, performing arts, publishing-

printing, restaurant, fast-food (to architectural standards with no drive-thru),

retail store, services. Additional conditional uses allowed - see broker for additional

information.

P.O. Box 7432 Portland ME 04112-7432 • 207.653.6702 • www.roxanecole.com

seLLer/LaNDLOrDTopspin, LLC

tOtaL buiLDiNG siZe13,372± SF plus basement (Square Footage as per City of Biddeford Records), Landlord will consider subdividing

aVaiLabLe sPaCesHi-bay6,160± SF, height Pearl Street side 15± feet, Elm Street side 10’8Center bay3,168± SF, height Pearl Street side 12± feet, Elm Street side 7’8”Dock bay4,048± SF, height Pearl Street side 13’, Elm Street side 10”6”

ZONiNGMSRD1 Commercial Core Zoning District

useFormerly showroom and warehouse - fl exible design allows for a variety of re-use options

teNaNt iMPrOVeMeNtsOffered “as-is,” Landlord will negotiate improvements if required

CONstruCtiONBrick with brick basement on slab

rOOFAsphalt fl at, tar and gravel

LOaDiNGOne, 7’ x 8’ loading dock door and one 11’ x 11’ drive-in door Water/sePtiCPublic, Tenant responsible for its pro rata share

sPriNkLerDry system throughout

LiGHtiNGFluorescent overhead units

eLeCtriC200 amp service, Tenant responsibility

HeatOil-fi red forced hot air, Tenant responsibility

CLeaNiNGTenant responsibility

assesseD VaLueLand $61,200 Builidng $201,200Total $262,400

DeeD buiLDiNGBook 15102 Page 127

DeeD rOWBook 15102 Page 130(ROW Elm Street toLincoln & Pearl)

2012 eXPeNsesProperty Taxes $ 4,613Bldg Insurance $ 1,702Water $ 1,108 Sewer $ 314Oil $ 3,026 Electric $ 712Total $11,475 ($.86/SF)

saLe PriCe$498,000

Lease PriCe$2.50 NNN

DeMiseD PreMise

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