24 Mollison Way, Lewiston, ME
13,486 SF office space available in Lewiston, Maine.
- Added:
- Nov 24, 2025
- Days on Market:
- 203
- Last Refresh:
- May 19 at 8:52 pm
Property Features for 24 Mollison Way
General Information
- Standard status
- Active
- Size
- 13,486 SF
- Lot size
- 6.09 Acres
- Property subtype
- OFFICE
Listing agent Timothy J. Millett, CCIM (207) 713-6995
Listing office Porta & Company (207) 713-6995
Listing date Nov 24, 2025
Source Moodyscre
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 Porta & Company
HighLights
- 13,486 SF available immediately.
- Landlord open to redeveloping the building for office, R&D, and flex space.
- Fairgrounds Business Park Location.
- Lease Rate: $12.00/SF MG.
- Building mounted & monument signage available.
- Located on the City bus route.
Overview
Local Financial Insights For Office B
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 | $333.4k | $24.72 |
| − Vacancy | −$42.0k | −$3.11 |
| EGI | $291.4k | $21.61 |
| − OpEx | −$72.8k | −$5.40 |
| NOI | $218.5k | $16.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.1978
- Latitude
- 44.1248
