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Flexible Office Unit with Parking
New
For Sale
$349,000

467 Sabattus Street, Lewiston, ME 04240

Commercial Sale, Lewiston, ME

Property Size2,004 SF
Lot Size0.24 Acres
Price / SF$174.15
Days on Market1

Property Features for 467 Sabattus Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial Business
Rooms Basement
Parking features Off Street
Interior features Storage
Basement Walk-Out Access, Full, Partial
Accessibility Accessible Approach with Ramp
Lot features Public Transport Access, Near Turnpike/ Interstate, Business District, Bus Line, Near Shopping
Standard status Active
Size 2,004 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3941

Utilities

Sewer type Public Sewer
Heating system Oil, Forced Air
Cooling system Central Air
Water source Public

Amenities

two bathrooms
small kitchen/break area
abundant natural light
ample storage space on the lower level

Building Details

Year built 1950
Flooring type Concrete, Carpet
Building materials Wood Frame, Wood Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: Engel & Volkers Casco Bay
Listed By: Timothy Kavanaugh
Added: Sep 8 Last Checked: Sep 8 at 5:06PM
MLS# 1679713

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,004-square-foot office unit occupies a 0.24-acre property with a flexible interior layout, natural light, two bathrooms, and a compact kitchen and break area. The building has wood-frame construction with wood siding, concrete and carpet flooring, oil-fired forced-air heat, central air, and a shingle roof. Additional storage is located on the lower level, and the property includes off-street parking and an accessible approach with ramp.

Built in 1950, the property is served by public water and public sewer. It is located on Sabattus Street in Lewiston, near Bates College and St. Mary's Hospital. The space has a long-standing history as an accounting office, with the layout also described as suitable for professional, medical, wellness, retail, and other service-oriented businesses.

Key Highlights

  • 2,004‑square‑foot office unit on a 0.24‑acre lot
  • Commercial Business zoning in Lewiston
  • Two bathrooms plus a kitchen and break area

Property Analytics

Current Use

O'Malley Associates Inc Tax Preparation

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Bakery Computer & Electronic Repair Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

633
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
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Frequently Asked Questions

What type of property is this?
Office units - Commercial Business-zoned office unit with natural light, storage, and off-street parking.
Where is this office units located?
The property is located at 467 Sabattus Street Lewiston, ME.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,004‑square‑foot office unit on a 0.24‑acre lot; Commercial Business zoning in Lewiston; Two bathrooms plus a kitchen and break area
More about this property
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