11 Elm Street, Biddeford, ME 04005 (MLS # 1658022)

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.

Last Updated	4/16/2026	Year Built	1972
County	York

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
CONSTRUCTION	Wood Siding
HEAT	Forced Air
LOT	0.56 acre(s)
LOT DESCRIPTION	Waterfront
LOT DIMENSIONS	0.56
MLS STATUS	Active
SEWER	Public Sewer
TAXES	7548
UTILITIES	Propane
VIEW	Yes
VIEW DESCRIPTION	Water
WATER	Public
WATERFRONT	Yes
WATERFRONT DESCRIPTION	Waterfront

Location

 

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