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Former Walgreens with Two-Level Layout
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297-311 Main Street, Lewiston, ME 04240

Former Walgreens building with main- and lower-level space and frontage opposite Central Maine Medical Center.

Property Size10,629 SF
Lot Size1.43 Acres
Days on Market491

Property Features for 297-311 Main Street

General Information

Standard status Active
Size 10,629 SF
Lot size 1.43 Acres
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Traffic Count 17,000 vehicles/day
Listing Agency: The Boulos Company
Listed By: Christopher Paszyc, CCIM, SIOR
Source: Moodyscre
Added: Mar 28, 2025 Changed: Jul 26 Last Checked: Jul 31 at 6:23AM

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 The Boulos Company

Investment Insights

Based on property information with market context.

This former Walgreens offers approximately 10,692± square feet across two levels, including 7,200± square feet on the main level and 3,492± square feet on the lower level, situated on 1.43± acres.

The property is directly across the street from Central Maine Medical Center and benefits from traffic counts in excess of 17,000 vehicles per day.

The existing building configuration provides a straightforward, two-level option for tenants or redevelopment plans seeking a former pharmacy site in a high-traffic medical area.

Key Highlights

  • 10,692± SF former Walgreens on 1.43± AC with 7,200± SF main level and 3,492± SF lower level
  • Directly across the street from Central Maine Medical Center
  • Frontage site with traffic counts over 17,000 vehicles per day

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Florist Pet Store Pet Store & Service

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

17,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,973
Businesses Nearby
Well-served
Demand for This Use

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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Similar Off Market Nearby

  • Bedard Pharmacy — 61 College St, Lewiston, ME 04240
  • Thibault Lori — 300 Main St, Lewiston, ME 04240
  • Walgreens Pharmacy — 315 Main St, Lewiston, ME 04240
  • Bedard Pharmacy Inc. Lewiston — 61 College St, Lewiston, ME 04240
  • Steven Royer — 61 College St, Lewiston, ME 04240

Frequently Asked Questions

What type of property is this?
Drug store - Former Walgreens building with main- and lower-level space and frontage opposite Central Maine Medical Center.
Where is this drug store located?
The property is located at 297-311 Main Street Lewiston, ME.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 10,692± SF former Walgreens on 1.43± AC with 7,200± SF main level and 3,492± SF lower level; Directly across the street from Central Maine Medical Center; Frontage site with traffic counts over 17,000 vehicles per day
(207) 939-4147 Call to check price and availability
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