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Renovated Mixed-Use Property
For Sale
$799,000

188 Lincoln Street, Lewiston, ME 04240

Former fire station combines two residential units with flexible commercial space and adjacent parking.

Property Size8,220 SF
Price / SF$97.20
Days on Market141

Property Features for 188 Lincoln Street

General Information

Standard status Active
Size 8,220 SF
Property subtype Commercial
Lease Term []

Site & Location

Traffic Count 20,000 vehicles/day
Road Access Yes

Amenities

PV Solar panels
super-efficient heating and cooling systems
signage opportunities

Building Details

Year Built 1964
Year Renovated 2020
Buildings 1
Construction Midcentury Modern
Listing Agency: Keller Williams Realty
Listed By: Amanda Reynolds
Source: Portsiderealestategroup
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 5:39PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

Built in 1964 and renovated in 2020, this mixed-use property combines two residential units with approximately 5,554 square feet of commercial area across the ground and lower levels. The commercial portion can be configured as up to four separate units, with open ceilings, natural light, and a layout suited to varied operational needs. Seller-owned PV solar panels and upgraded heating and cooling systems are also included.

The property is located at 188 Lincoln Street in Lewiston, Maine, with adjacent parking, street frontage, and signage opportunities. Traffic counts are reported at 20,000 cars per day. Its building history, residential component, and flexible commercial configuration create a combination of uses within one property.

Key Highlights

  • Approximately 5,554 SF of commercial space across ground and lower levels
  • Two residential units are positioned above the commercial area
  • Commercial footprint can be arranged as up to 4 separate units

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center Carpet & Flooring Store Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Florist

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

20,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,818
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former fire station combines two residential units with flexible commercial space and adjacent parking.
Where is this mixed-use property located?
The property is located at 188 Lincoln Street Lewiston, ME.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Approximately 5,554 SF of commercial space across ground and lower levels; Two residential units are positioned above the commercial area; Commercial footprint can be arranged as up to 4 separate units
More about this property
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