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    16 Ferry Rd Lewiston, ME 04240

    For Sale
    $774,000

    Prime Lewiston location, 12,428 sq ft, 5.7 acres.

    Property size:
    12,428 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, situated just one mile from the Maine Turnpike in Lewiston, presents a unique opportunity for a variety of businesses. Boasting over 12,428 square feet of versatile space on a generous 5.7-acre lot, this mixed-use property offers significant potential. The building features ten individual offices, perfect for a growing company or multiple tenants, and a welcoming reception area to greet clients and visitors. A substantial warehouse component comprises a significant portion of the square footage, featuring an impressive 20-foot ceiling height, providing ample storage and operational space. Four overhead doors and conveniently located loading docks ensure efficient shipping and receiving, streamlining logistical operations. The property's strategic location offers unparalleled convenience and accessibility, making it an ideal choice for businesses seeking a flexible and well-positioned space to thrive. The ample land provides room for expansion or future development, adding to the property's long-term value and potential. This is a prime commercial offering in a desirable location, ready for immediate occupancy and poised for success. The combination of office space and warehouse functionality makes this property exceptionally versatile and attractive to a wide range of potential buyers.

    Property Features for 16 Ferry Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    12,428 SF
    Lot Size
    248,292 SF

    Building Details

    Year Built
    1979
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    E A Buschmann Inc. Packaging Supply Store

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.17274
    Latitude
    44.06797

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Lewiston location, 12,428 sq ft, 5.7 acres.
    Where is this mixed-use property located?
    The property is located at 16 Ferry Rd Lewiston, ME.
    What is the asking price?
    The asking price for this property is $774,000.
    (207) 784-3800
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    16 Ferry Rd Lewiston, ME 04240
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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
    16 Ferry Rd Lewiston, ME 04240
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