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    183 Main St Lewiston, ME 04240

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    For Sale
    $695,000

    Downtown Lewiston office building with steady cash flow.

    Property size:
    540 SF
    Lot size:
    0.11 Acres

    Property Features for 183 Main St

    General Information

    Size
    540 SF
    Lot size
    0.11 Acres

    Source: KW Commercial Greater Portland Agent Kevin Fletcher, CCIM

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

    Overview

    Lewiston Downtown Investment Opportunity

    Located at 177-183 Main Street in downtown Lewiston, this property presents an investment opportunity. The building features frontage on Main Street, benefiting from consistent vehicle and pedestrian traffic. The property is stabilized with several leases in place, providing income. The building features architectural design and a central location. The property is suitable for investors or an owner user needing office space. The property size is 540 square feet.
    Location Intelligence

    Current Use by Public Records

    Justin Brousseau LMT Massage Therapist MATS LEWISTON Social Services Organization Bureau Janice L Occupational Therapist Tranquility Place Online, ... Social Worker Maine Intimacy Relationship ... Life Coach

    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
    -70.2174363
    Latitude
    44.0990933

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    FAQs

    What type of property is this?
    Office building - Downtown Lewiston office building with steady cash flow.
    Where is this office building located?
    The property is located at 183 Main St Lewiston, ME.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Stabilized property with existing leases providing reliable income and cash flow.; - Prime downtown Lewiston location with high visibility on Main Street.; - Investment opportunity with a solid cap rate.
    (207) 754-9311
    Request Owner's contact information
    183 Main 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
    183 Main St Lewiston, ME 04240
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