Building Details

Tenancy Multi

Listing Agency: CENTURY 21 Advantage Lewiston

Listed By: John Danforth · License #ME

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 4:37AM

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Investment Insights

Based on property information with market context.

This multifamily property consists of a multi-unit building located in a commercially zoned area. The configuration offers a straightforward income-property profile for review.

Key Highlights

• Multi‑unit multifamily building
• Commercially zoned area

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Pharmacy Parking Lot & Garage HVAC Service Hair Salon Kitchen & Bath Showroom

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

397

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multiple residential units are situated within a commercially zoned area.

Where is this multifamily property located?

The property is located at 711 Main Street Lewiston, ME.

What are key features of this property?

This property features: Multi‑unit multifamily building; Commercially zoned area