Mitchell of Malone Commercial Brokers sells three building Biddeford portfolio for $7.1 million

Biddeford, ME A downtown investment portfolio consisting of three mixed-use buildings and a parking lot has sold for $7.1 million.

The portfolio includes 180 Main St., 234 Main St., 265 Main St., and 14 Jefferson St., totaling 44,445 s/f of commercial and residential space along with a 31-space parking lot in the downtown district. The properties were sold by 4A Property, LLC to Fournier Properties.

Brandon Mitchell of Malone Commercial Brokers represented the transaction, which closed on June 9, 2026. The sale was completed through a lease-to-purchase arrangement that allowed the buyer to transition from manager to owner.

The portfolio features a mix of retail, office, residential, and service-oriented tenants.

“Downtown Biddeford has changed tremendously over the last decade, and it’s been exciting to watch these properties grow alongside the city,” said Mitchell. “I think Fournier Properties recognizes the long-term opportunity that comes with owning well-located assets in the center of downtown.”

The properties are located within walking distance of restaurants, retail businesses, housing, and community amenities. The portfolio includes historic brick buildings that have been maintained and leased to a variety of local, regional, and national tenants.