Freestanding Medical Office
793 Main Street Lewiston, ME 04240
For Sale
$625,000
Built in 2021 with flexible HB zoning, a 3,200 SF layout, and ample paved parking for medical or other uses.
Property Size3,200 SF
Lot Size1.00 Acre
Price / SF$195.31
Days on Market412
Property Features for 793 Main Street
General Information
Standard status
Active
Size
3,200 SF
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
2021
Listing Agency:
CENTURY 21 Advantage
(207) 754-6789
Listed By:
Roy L'Italien Jr.
(207) 754-6789
Source:
Startpoint
Added: Jun 14, 2025
Changed: Jul 29
Last Checked: Jul 29 at 9:08PM
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 CENTURY 21 Advantage
Investment Insights
Based on property information with market context.
Freestanding medical office building built in 2021 offering 3,200 SF of versatile space on a 1-acre site. The layout is designed for adaptable use, supporting office and service-oriented concepts, and includes room for a mix of patient-facing or customer-facing operations.
Set on Main Street in Lewiston, the property is positioned for high visibility with easy access and great signage. Ample paved parking is in place to support employee and customer arrival.
With flexible HB zoning and newer construction, the building is well suited for an owner-occupant or an investor looking for a multi-use commercial facility that can accommodate changing business needs.
Set on Main Street in Lewiston, the property is positioned for high visibility with easy access and great signage. Ample paved parking is in place to support employee and customer arrival.
With flexible HB zoning and newer construction, the building is well suited for an owner-occupant or an investor looking for a multi-use commercial facility that can accommodate changing business needs.
Key Highlights
- Built in 2021 freestanding medical office building
- 3,200 SF versatile commercial space
- 1‑acre site with easy access
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 | $79.1k | $24.72 |
| − Vacancy | −$10.0k | −$3.11 |
| EGI | $69.1k | $21.61 |
| − OpEx | −$17.3k | −$5.40 |
| NOI | $51.9k | $16.20 |
3,200 SF · lease $24.72/SF/yr · vacancy 12.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$740.8K
$648.2K – $864.2K
NOI $51,853 @ 7.0% cap · market cap 8.30%
Second Best
Retail
$478.1K
$418.3K – $557.8K
NOI $33,466 @ 7.0% cap · market cap 5.35%
Theoretical Best
Warehouse
$5.68M
$4.97M – $6.63M
NOI $397,841 @ 7.0% cap · market cap 63.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Animal Emergency Clinic of Mid-Maine — 37 Strawberry Ave, Lewiston, ME 04240
- Lewiston Veterinary Hospital: Bangs Vicki — 75 stetson rd, lewiston, me 04240
- Burgess R DVM — 75 Stetson Rd, Lewiston, ME 04240
- Mayerson J DVM — 75 Stetson Rd, Lewiston, ME 04240
- Clark F w DVM — 75 Stetson Rd, Lewiston, ME 04240
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built in 2021 with flexible HB zoning, a 3,200 SF layout, and ample paved parking for medical or other uses.
Where is this medical office space located?
The property is located at 793 Main Street Lewiston, ME.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Built in 2021 freestanding medical office building; 3,200 SF versatile commercial space; 1‑acre site with easy access
