High-Visibility Commercial Property For
1225 Sabattus Street, Lewiston, ME 04240
COMMERCIAL - Lewiston, ME
Property size:
448 SFLot size:
5.20 AcresPrice / SF:
$1,562/SF- Added:
- Mar 13, 2026
- Days on Market:
- 82
- Last Refresh:
- Jun 2 at 2:06 am
Property Features for 1225 Sabattus Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Highway Business
- Standard status
- Active
- Size
- 448 SF
- Lot size
- 5.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2184
Building Details
- Year built
- 1980
Listing agent Eric Milliken (207) 240-4217
Listing office Fontaine Family-The Real Estate Leader 336 Center Street, Auburn, ME (207) 784-3800
Listing date Mar 13, 2026
MLS# 1654205
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑visibility location on a well‑traveled route with approximately 10,670 vehicles per day (2023 data).
- Features both dedicated office space and a spacious mechanic garage.
- Open commercial lot provides flexible space for parking, equipment, or operations.
- Potential for future expansion through the conveyance of additional land.
- Flexible space suitable for administrative work, equipment storage, service operations, or workshop needs.
- Built in 1980.
Overview
This commercial property offers high visibility along a well-traveled route, with a 2023 traffic count of approximately 10,670 vehicles per day. The property includes an open commercial lot, dedicated office space, and a spacious mechanic garage, providing flexible space for various business operations. The layout supports administrative work, equipment storage, service operations, or workshop needs. The open lot provides additional room for parking, equipment, or operational use. An opportunity for growth exists as the owner is open to discussing the conveyance of additional land, creating flexibility for future expansion. The property is zoned for Highway Business and sits on a 5.2-acre lot. The building size is 448 square feet. This property is located in Lewiston, ME.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.2k | $150.00 |
| − Vacancy | −$1.7k | −$3.74 |
| EGI | $65.5k | $146.27 |
| − OpEx | −$19.7k | −$43.88 |
| NOI | $45.9k | $102.39 |
448 SF · lease $150.00/SF/yr · vacancy 2.49% · expense 30.00%
Alternative Uses
Best Use
Industrial
$655.3K
$573.4K – $764.5K
NOI $45,869 @ 7.0% cap · market cap 6.55%
Second Best
Office B
$103.7K
$90.7K – $121.0K
NOI $7,259 @ 7.0% cap · market cap 1.04%
Theoretical Best
Warehouse
$795.7K
$696.2K – $928.3K
NOI $55,698 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Godin's Auto Mart
Car Dealership
Beaulieu Industries
General Contractor
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.1414954
- Latitude
- 44.1014349
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Commercial property with office, garage, and expansion potential.
Where is this retail property located?
The property is located at 1225 Sabattus Street Lewiston, ME.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: High‑visibility location on a well‑traveled route with approximately 10,670 vehicles per day (2023 data).; Features both dedicated office space and a spacious mechanic garage.; Open commercial lot provides flexible space for parking, equipment, or operations.
