Lewiston Commercial Building For
957 Sabattus Street Lewiston, ME 04240
For Sale
$225,000
COMMERCIAL - Lewiston, ME
Property Size1,720 SF
Lot Size0.13 Acres
Price / SF$130.81
Days on Market67
Property Features for 957 Sabattus Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Highway Business
- Standard status
- Active
- Size
- 1,720 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2741
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Water source
- Public
Building Details
- Year built
- 1978
- Flooring type
- Concrete
- Building materials
- Masonry, Block, Wood Siding
- Roof type
- Flat
Listing Agency:
Androvise Realty
(207) 333-6020
Listed By:
Chad Sylvester
(207) 333-6020
Added: May 20
Last Checked: Jul 25 at 7:06AM
MLS# 1663178
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.
Investment Insights
Based on property information with market context.
This commercial retail and service building is located on a 0.13-acre lot. The property benefits from a daily traffic count exceeding 16,000 vehicles. Its location is near a traffic-controlled light and directly across the street from a Family Dollar store. The building provides 1,720 square feet of space. The layout includes a 1,200 square foot section featuring 14-foot walls, and an adjoining 520 square foot section with 10-foot walls. Additionally, there is a 480 square foot attached carport on the side of the building. A paved parking lot is also present. Historically, the property has been used as a 2-bay garage and, most recently, as a dry cleaner facility. A Phase I Environmental Site Assessment has been completed and is available for review. The property is located in Lewiston, Maine.
Key Highlights
- High traffic location with over 16,000 vehicles passing daily.
- Located near a traffic‑controlled light and across from Family Dollar.
- 1,720 sq ft building with flexible layout, featuring a 1,200 sq ft section with 14‑foot walls and a 520 sq ft section with 10‑foot walls.
Financial Insights For Retail
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 | $31.0k | $18.00 |
| − Vacancy | −$5.3k | −$3.06 |
| EGI | $25.7k | $14.94 |
| − OpEx | −$7.7k | −$4.48 |
| NOI | $18.0k | $10.46 |
1,720 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$257.0K
$224.9K – $299.8K
NOI $17,988 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.05M
$2.67M – $3.56M
NOI $213,839 @ 7.0% cap · market cap 95.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Urban Garden Center — 790 Sabattus St, Lewiston, ME 04240
FAQs
What type of property is this?
Storefront property - Retail/service building on 0.13-acre lot with high traffic count.
Where is this storefront property located?
The property is located at 957 Sabattus Street Lewiston, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High traffic location with over 16,000 vehicles passing daily.; Located near a traffic‑controlled light and across from Family Dollar.; 1,720 sq ft building with flexible layout, featuring a 1,200 sq ft section with 14‑foot walls and a 520 sq ft section with 10‑foot walls.
