Storefront Building with Open
New
For Sale
$299,000
12 Village Street, Lisbon, ME 04250
The main floor combines a broad open area with a half bath, while the basement provides additional space with tall ceilings.
Property Size1,120 SF
Price / SF$266.96
Days on Market5
Property Features for 12 Village Street
General Information
Standard status
Active
Size
1,120 SF
Property subtype
Commercial
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Fontaine Family - The Real Estate Leader
Listed By:
Meagan Dussault
(207) 400-5943
Source:
Brendafontaine
Added: Oct 11
Changed: Oct 15
Last Checked: Oct 15 at 2:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fontaine Family - The Real Estate Leader
Investment Insights
Based on property information with market context.
This storefront property contains 1,120 square feet, with an open main-level area and a half bath. The basement has tall ceilings and may provide additional usable space. Improvements made approximately five years ago included new interior and exterior paint, flooring, light fixtures, and raised ceilings.
The building is at 12 Village Street in Lisbon, Maine. Ample parking serves the property, and its in-town location places it within the community’s established setting.
The building is at 12 Village Street in Lisbon, Maine. Ample parking serves the property, and its in-town location places it within the community’s established setting.
Key Highlights
- 1,120‑square‑foot storefront building
- Open main‑level area and half bath
- Basement with tall ceilings and potential for additional usable space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,713
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,260
$234.3K
Cap Rate 7%
$167,329
$167.3K
Cap Rate 9%
$130,144
$130.1K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$20.2K $18.00/SF
− Vacancy
−$3.4K −$3.06/SF
EGI
$16.7K $14.94/SF
− OpEx
−$5.0K −$4.48/SF
NOI
$11.7K $10.46/SF
Area
Androscoggin County, ME
Vacancy
17.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,260
Cap Rate 7%
$167,329
Cap Rate 9%
$130,144
Alternative Uses
Best Use
Retail
$167.3K
$146.4K – $195.2K
NOI $11,713 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,244 @ 7.0% cap · market cap 46.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 32%
Napa Auto Parts
Shops & Services
1,284 visits/mo
0.2 miles
Angelo's Pizza
Dining
591 visits/mo
0.4 miles
Demographics for 04250, ME
4,813
Population
2,038
Households
2.4
Avg Household Size
46
Median Age
21%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
411
Density / Sq Mi
$71,903
Median Household Income
$49,091
Median Earnings
$854
Median Rent
$225,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - The main floor combines a broad open area with a half bath, while the basement provides additional space with tall ceilings.
Where is this storefront property located?
The property is located at 12 Village Street Lisbon, ME.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,120‑square‑foot storefront building; Open main‑level area and half bath; Basement with tall ceilings and potential for additional usable space
