Building Details

Year built 1950

Listing Agency: Fontaine Family-The Real Estate Leader b***@fontaineteam.com Show Phone

Listed By: Meagan Dussault Show Phone

Added: Oct 13 Last Checked: Oct 15 at 6:06AM

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MLS# 1684123

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

At 12 Village Street in Lisbon, this 1,120-square-foot retail building sits on a 0.12-acre lot and is zoned V. The main level offers a large open area and a half bath. A basement with tall ceilings provides additional space, and off-street parking serves the property.

Interior and exterior paint, flooring, light fixtures, and raised ceilings were updated approximately five years ago. Built in 1950, the building was formerly used as the Lisbon Town Library.

Key Highlights

• 1,120‑square‑foot retail building on a 0.12‑acre lot
• Main level has a large open area and half bath
• Basement features tall ceilings

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 (±1% cap)

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 (±1% cap)

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

Juliet's Resale Boutique Discount Store Graziano Square Park

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

124

Businesses Nearby

2k

Monthly Visits Nearby

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - The main level combines an open layout and half bath, with off-street parking available.

Where is this retail space 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 retail building on a 0.12‑acre lot; Main level has a large open area and half bath; Basement features tall ceilings