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Mixed-Use Property with Bookstore
For Sale
$199,000

65 Lewiston Road, New Gloucester, ME 04260

A separate three-bedroom residence accompanies the showroom building on a corner parcel.

Property Size3,480 SF
Lot Size0.60 Acres
Price / SF$57.18
Days on Market120

Property Features for 65 Lewiston Road

General Information

Standard status Active
Size 3,480 SF
Lot size 0.60 Acres
Property subtype Commercial
Zoning RC

Property Condition

Severity Major Repairs Needed
Evidence in need of extensive renovation

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes
Mixed-Use Components retail, residential

Additional Details

Land Use commercial, residential
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $2,050

Amenities

shed

Building Details

Building Size 3,480 SF
Year Built 1876
Listing Agency: Locations Real Estate Group LLC
Listed By: Brian Shedlarski
Source: Hayesrealestate
Added: Jul 1 Changed: Oct 27 Last Checked: Oct 27 at 3:35AM

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 Locations Real Estate Group LLC

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property occupies approximately 0.60 acre at Lewiston and Morse Roads. A separate 26' x 52' building, currently used as a bookstore, contains an open showroom and two offices, with heat supplied by a direct-vent heater. The property also includes a three-bedroom, one-bath residence with an attached rear shed; the residence requires extensive renovation. An existing drilled well and septic system are designed for a three-bedroom dwelling.

The property and its existing uses are legally nonconforming. Potential residential, commercial, or redevelopment plans are subject to municipal and state approvals. Maine Turnpike access is available at Exit 63 in Gray and Exit 75 in Auburn, and Pineland Farms is at the opposite end of Morse Road.

Key Highlights

  • Approximately 0.60 acre at the Lewiston and Morse Roads corner
  • Separate 26' x 52' bookstore building with open showroom and two offices
  • Three‑bedroom, one‑bath residence with an attached rear shed

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Auto Parts Store Garden Center Kitchen & Bath Showroom Carpet & Flooring Store Electrical 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 04260, ME

5,676
Population
2,274
Households
2.5
Avg Household Size
43
Median Age
33%
College-Educated
96%
High-School Grad
47.1 sq mi
ZIP Area
121
Density / Sq Mi
$107,781
Median Household Income
$49,507
Median Earnings
$1,270
Median Rent
$316,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A separate three-bedroom residence accompanies the showroom building on a corner parcel.
Where is this mixed-use property located?
The property is located at 65 Lewiston Road New Gloucester, ME.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Approximately 0.60 acre at the Lewiston and Morse Roads corner; Separate 26' x 52' bookstore building with open showroom and two offices; Three‑bedroom, one‑bath residence with an attached rear shed
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