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    248 Blake St Lewiston, ME 04240

    For Sale
    $325,000

    Thriving Market, Turnkey Operation, High Traffic

    Property size:
    5,120 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional retail opportunity in Lewiston, Maine presents a unique chance to acquire a well-established and profitable business. Located at 248 Blake Street, this property encompasses a 5,120 square foot building situated on a 0.32-acre lot. The property includes the land, building, and the existing, successful Dee's Market, a neighborhood staple known for its grocery and deli offerings. The sale includes all existing deli equipment and store fixtures, allowing for a seamless transition for the new owner. The business benefits from its prime location within a high-traffic neighborhood, ensuring a consistent customer base. A significant advantage is the full, dry basement, providing ample storage space for inventory and supplies. This turnkey operation offers immediate income potential and a strong foundation for continued growth. The asking price for this exceptional property is $325,000. This is a rare opportunity to own a thriving business and valuable real estate in a desirable Lewiston location. The combination of a successful business and prime real estate makes this an attractive investment for entrepreneurs and savvy investors alike. Don't miss this chance to own a piece of Lewiston's vibrant commercial landscape.

    Property Features for 248 Blake St

    General Information

    Property type
    Retail properties
    Square Feet
    5,120 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1946
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dees Market Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.20991
    Latitude
    44.09205

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    FAQs

    What type of property is this?
    Retail property - Thriving Market, Turnkey Operation, High Traffic
    Where is this retail property located?
    The property is located at 248 Blake St Lewiston, ME.
    What is the asking price?
    The asking price for this property is $325,000.
    (207) 344-3300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    248 Blake St Lewiston, ME 04240
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