1225 Sabattus Street, Lewiston, ME 04240
COMMERCIAL - Lewiston, ME
- Added:
- Mar 13, 2026
- Days on Market:
- 91
- Last Refresh:
- Jun 11 at 11:06 pm
Property Features for 1225 Sabattus Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Highway Business
- Standard status
- Active
- Size
- 448 SF
- Lot size
- 5.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2184
Building Details
- Year built
- 1980
Listing agent Eric Milliken (207) 240-4217
Listing office Fontaine Family-The Real Estate Leader 336 Center Street, Auburn, ME (207) 784-3800
Listing date Mar 13, 2026
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.
HighLights
- High‑visibility location on a well‑traveled route with approximately 10,670 vehicles per day (2023 data).
- Features both dedicated office space and a spacious mechanic garage.
- Open commercial lot provides flexible space for parking, equipment, or operations.
- Potential for future expansion through the conveyance of additional land.
- Flexible space suitable for administrative work, equipment storage, service operations, or workshop needs.
- Built in 1980.
Overview
Located at 1225 Sabattus Street in Lewiston, Maine, the site is positioned for visibility along a well-traveled route. Public remarks indicate a 2023 traffic count of approximately 10,670 vehicles per day. The property is listed under Highway Business zoning.
For buyers or operators seeking a single property that can handle front-office functions and back-of-house service work, this offering provides the key components in one footprint: an office for daily administration and a mechanic garage for maintenance, repairs, or workshop work, plus an open lot that can be used for parking, equipment, or other operational storage needs. The owner is also open to discussing conveyance of additional land, which may allow for further operational flexibility if expansion is on the table.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.2k | $150.00 |
| − Vacancy | −$1.7k | −$3.74 |
| EGI | $65.5k | $146.27 |
| − OpEx | −$19.7k | −$43.88 |
| NOI | $45.9k | $102.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.1414954
- Latitude
- 44.1014349