Four-Story Apartment
For Sale
Contact for pricing
108 Pierce St., Lewiston, ME 04240
Four-story multifamily building with 11 apartment units and access from Pierce Street.
Property Size12,870 SF
Lot Size0.11 Acres
Days on Market111
Property Features for 108 Pierce St.
General Information
Standard status
Active
Size
12,870 SF
Lot size
0.11 Acres
Property subtype
Mixed Use
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Clear Height
9 ft
Multifamily Units
11
Building Details
Stories
4
Listing Agency:
Keenan Auction Company, Inc.
(207) 885-5100
Listed By:
Richard Keenan
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 22 at 10:10AM
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 Keenan Auction Company, Inc.
Investment Insights
Based on property information with market context.
The property is a four-story apartment building containing 11 apartment units, comprised of three 1-bedroom/1-bath units, six 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one 4-bedroom/1-bath unit. The building features vinyl tile/hardwood flooring, tongue and groove and plasterboard walls and ceilings, with some Masonite tile and stucco ceilings. The foundation includes full concrete, stone, dirt, and brick, and the roof is a rubber membrane. Vinyl windows are in place, with fire alarms described as hard-wired and battery backup. Security is listed as none and sprinklers are listed as none. Electrical is noted as 220 amp (disconnected). Mechanical systems include two natural gas-fired boilers and two indirect-fired hot water tanks, with copper and PEX piping and PVC for waste. The property is served by city water and sewer, and ceilings are listed at 9 feet.
The site has road access from Pierce Street (one curb) and approximately 50+/- feet of frontage on Pierce Street, with good visibility at the front and sides and very limited visibility at the rear. The parcel is rectangular in shape and is described as average quality with fair-to-good condition. It is in an older multi-unit residential apartment neighborhood.
The lot size is shown on the municipal tax map review as 0.11 acres, and the building dimensions are listed as 30'–42' x 79' with GBA of 12,870 SF (excluding porches). The property is described as not appearing to be located in a FEMA flood zone based on FEMA Flood map 23001C0327E dated July 8, 2013.
The site has road access from Pierce Street (one curb) and approximately 50+/- feet of frontage on Pierce Street, with good visibility at the front and sides and very limited visibility at the rear. The parcel is rectangular in shape and is described as average quality with fair-to-good condition. It is in an older multi-unit residential apartment neighborhood.
The lot size is shown on the municipal tax map review as 0.11 acres, and the building dimensions are listed as 30'–42' x 79' with GBA of 12,870 SF (excluding porches). The property is described as not appearing to be located in a FEMA flood zone based on FEMA Flood map 23001C0327E dated July 8, 2013.
Key Highlights
- 11‑unit four‑story apartment building at 108 Pierce St., Lewiston, ME
- Unit mix: 3 units 1BD/1BA, 6 units 2BD/1BA, 1 unit 3BD/1BA, and 1 unit 4BD/1BA
- Lot size 0.11 acres with access from Pierce Street (one curb) and 50+/- feet of frontage
Property Analytics
Property Profile
Current Use
Lease Details
9 ft
Clear height
11
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,223
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story multifamily building with 11 apartment units and access from Pierce Street.
Where is this apartment building located?
The property is located at 108 Pierce St. Lewiston, ME.
What are key features of this property?
This property features: 11‑unit four‑story apartment building at 108 Pierce St., Lewiston, ME; Unit mix: 3 units 1BD/1BA, 6 units 2BD/1BA, 1 unit 3BD/1BA, and 1 unit 4BD/1BA; Lot size 0.11 acres with access from Pierce Street (one curb) and 50+/- feet of frontage
