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Five-Unit Mixed-Use Building
New
For Sale
$589,000

128 Pine Street, Lewiston, ME 04240

Commercial Sale, Lewiston, ME

Property Size6,320 SF
Lot Size0.08 Acres
Price / SF$93.20
Days on Market3

Property Features for 128 Pine Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CB
Rooms Basement
Parking features Off Street
Basement Walk-Out Access, Full, Unfinished
Lot features Near Turnpike/ Interstate, Downtown, Near Shopping
Standard status Active
Size 6,320 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4530

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Water source Public

Building Details

Year built 1900
Number of units 6
Flooring type Vinyl, Carpet
Building materials Wood Frame, Asbestos
Roof type Flat
Listing Agency: Keller Williams Realty
Listed By: Edward Baldacci · License #BA930083
Added: Oct 8 Last Checked: Oct 10 at 12:06PM
MLS# 1683650

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.

This mixed-use building contains 6,320 square feet, with five residential units and commercial space on the first floor. The property was built in 1900 and sits on a 0.08-acre lot. Interior finishes include vinyl and carpet flooring; heating is by hot water and natural gas. Public water and sewer serve the building, and off-street parking is available.

Located in downtown Lewiston, the property is zoned CB. The building has a flat roof and a basement.

Key Highlights

  • Five residential units plus first‑floor commercial space
  • 6,320 square feet on a 0.08‑acre lot
  • CB zoning in downtown Lewiston

Property Analytics

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Current Use

Don's Discount Department Store

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Electrical Service Butcher 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.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,273
Businesses Nearby

Demographics for 04240, ME

37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A ground-floor commercial space complements five residential units in a downtown Lewiston property.
Where is this mixed-use property located?
The property is located at 128 Pine Street Lewiston, ME.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Five residential units plus first‑floor commercial space; 6,320 square feet on a 0.08‑acre lot; CB zoning in downtown Lewiston
More about this property
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