9 Lewiston Road, Gray, ME 04039
- Added:
- Apr 8, 2026
- Days on Market:
- 81
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 9 Lewiston Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- WH2 & VC
- Rooms
- Basement
- Interior features
- Storage
- Basement
- Finished, Full
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 5,892 SF
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7922
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Hot Water(Heating), Propane (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Flooring type
- Vinyl, Carpet
- Building materials
- Wood Frame, Aluminum Siding, Vinyl Siding
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Francis Curran (207) 878-7802
Listing office Harborview Properties, Inc. 147 Fore Street, Portland, ME (207) 878-7802
Listing date Apr 8, 2026
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
- 5,892 SF residential assisted living facility on 1.5 acres in the heart of Gray
- 145 ft of road frontage with an average daily traffic count over 10,000 vehicles
- Accessible approach with ramp
- Heating includes natural gas and hot water heat, plus propane (heating); cooling via window unit(s)
- Public water service and septic tank; shingle roof
- Storage available; basement included
Overview
The site offers 145 feet of road frontage on Lewiston Road, with an average daily traffic count reported as over 10,000 vehicles. Zoning is listed as WH2 & VC, supporting continued senior housing and related healthcare operations in the area.
For buyers seeking an operating assisted living property, this provides an existing, purpose-oriented residential healthcare configuration rather than a conversion project. The combination of visibility, road frontage, and a centrally located presence in Gray may be important for an operator evaluating access and exposure for prospective residents and families.
Local Financial Insights For Apartment 5plus
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 | $187.4k | $31.80 |
| − Vacancy | −$11.2k | −$1.91 |
| EGI | $176.1k | $29.89 |
| − OpEx | −$79.3k | −$13.45 |
| NOI | $96.9k | $16.44 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Gray Manor — 9 Lewiston Rd, Gray, ME 04039
Location Insight
- Map
- Local Demand
- City
- Gray
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3280682
- Latitude
- 43.8906016