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    59 Park St Lewiston, ME 04240

    Sponsored
    For Sale
    $215,000

    High-visibility retail space, prime location.

    Property size:
    5,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5,920 square foot retail or restaurant space is ideally situated in the vibrant heart of Downtown Lewiston, Maine. Boasting a highly desirable storefront presence, this property benefits from excellent visibility and significant foot traffic. Its strategic location directly across the street from the Lewiston Municipal Parking Lot ensures convenient access for customers and employees. The spacious and versatile interior offers ample room for a variety of commercial uses. The surrounding area is thriving, with a mix of established retailers, restaurants, and office spaces, creating a dynamic and supportive business environment. The property sits on a 0.09-acre lot, providing convenient access and potential for outdoor seating or signage (subject to local regulations). This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing downtown area. The asking price for this exceptional space is $215,000. This property is ready for immediate occupancy and presents a significant opportunity for a discerning investor or business owner seeking a prime location in a bustling urban center. Serious inquiries are encouraged.

    Property Features for 59 Park St

    General Information

    Property type
    Retail properties
    Square Feet
    5,920 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1971
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -70.21684
    Latitude
    44.09736

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, prime location.
    Where is this retail property located?
    The property is located at 59 Park St Lewiston, ME.
    What is the asking price?
    The asking price for this property is $215,000.
    (207) 772-1333
    Request Owner's contact information
    59 Park St Lewiston, ME 04240
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    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
    59 Park St Lewiston, ME 04240
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