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    197 Lisbon St Lewiston, ME 04240

    For Lease
    $15 SF/Yr ($5,321 /Mo)

    Newly renovated office/retail space with modern finishes and historical details.

    Property size:
    4,257 SF
    Lot size:
    0.11 Acres

    Property Features for 197 Lisbon St

    General Information

    Size
    4,257 SF
    Lot size
    0.11 Acres

    Source: The Boulos Company Agent Noah Stebbins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office/Retail Space Available

    This newly renovated space offers 4,257 square feet of first-floor office or retail space, which can be subdivided down to 2,129 square feet, along with an additional 1,800 square feet of lower-level space. The spaces feature modern finishes complemented by historical architectural details, providing a professional atmosphere. The flexible, open layouts are suitable for both office and retail users. Located below 12 luxury residential apartment units, the property is within walking distance of municipal offices, cultural venues, and various local retailers and businesses, boasting a Walk Score of 88. The Centreville Parking Garage is located behind the building at 62 Canal Street, offering free parking for the first two hours and free parking all weekend. The first-floor space will be available starting January 1, 2026, while the lower-level space is available immediately. The lease rate ranges from $8.00 to $15.00 per square foot on a modified gross basis.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Hampshire Optical ... Optician Enlightened Steps LLC Reflexologist Northern Closure Construction Construction Company Lucro Management Business Management Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2167263
    Latitude
    44.0952384

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    FAQs

    What type of property is this?
    Retail space - Newly renovated office/retail space with modern finishes and historical details.
    Where is this retail space located?
    The property is located at 197 Lisbon St Lewiston, ME.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated 4,257± SF first-floor office/retail suite, subdividable to 2,129± SF, with an additional 1,800± SF lower-level space.; - Prime location with a Walk Score of 88, near municipal offices, cultural venues, and local retailers/businesses.; - Flexible open layouts suitable for both office and retail use.
    (207) 400-6737
    Request Owner's contact information
    197 Lisbon 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
    197 Lisbon St Lewiston, ME 04240
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