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Mixed-Use Property with Garage
For Sale
$175,000

8 Lisbon Street, Lisbon, ME 04250

Commercial Sale, Lisbon, ME

Property Size1,161 SF
Lot Size4.33 Acres
Price / SF$150.73
Days on Market42

Property Features for 8 Lisbon Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Resource Protection
Rooms Basement
Basement Full
Lot features Near Turnpike/ Interstate, Downtown, Business District
Standard status Active
Size 1,161 SF
Lot size 4.33 Acres

Additional Details

Real Estate Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4595

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Amenities

garage
office

Building Details

Year built 1875
Flooring type Wood, Vinyl, Concrete
Building materials Wood Frame
Roof type Shingle
Listing Agency: Maine Real Estate Pros
Listed By: John Danforth
Added: Sep 21 Changed: Oct 28 Last Checked: Nov 1 at 2:06PM
MLS# 1657204

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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes a historic home, a commercial structure, and a garage with office space. The 4.33-acre parcel has a recorded property size of 1,161 square feet. Built in 1875, the home and commercial improvements require substantial renovation work.

The property is on Route 196, a short drive from Interstate 95. Public water and sewer serve the site, which is within a Resource Protection zone.

Key Highlights

  • 4.33+/- acres
  • Garage with office space
  • Residential and commercial structures on one property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,699
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,980 $274.0K
Cap Rate 7%
$195,700 $195.7K
Cap Rate 9%
$152,211 $152.2K
Market Conditions
NOI Build-Up for 1,161 SF
Gross rent
$25.1K $21.60/SF
− Vacancy
−$3.2K −$2.72/SF
EGI
$21.9K $18.88/SF
− OpEx
−$8.2K −$7.08/SF
NOI
$13.7K $11.80/SF
Area
Androscoggin County, ME
Vacancy
12.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,980
Cap Rate 7%
$195,700
Cap Rate 9%
$152,211

Alternative Uses

Best Use
Mixed Use
$195.7K
$171.2K – $228.3K (±1% cap)
NOI $13,699 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.06M
$1.80M – $2.41M (±1% cap)
NOI $144,342 @ 7.0% cap · market cap 82.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Electrical Service Auto Parts Store Plumbing Service Building Supply Furniture & Home Goods Grocery & Convenience Store

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

47
Businesses Nearby

Demographics for 04250, ME

4,813
Population
2,038
Households
2.4
Avg Household Size
46
Median Age
21%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
411
Density / Sq Mi
$71,903
Median Household Income
$49,091
Median Earnings
$854
Median Rent
$225,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential and commercial structures share a site zoned Resource Protection.
Where is this mixed-use property located?
The property is located at 8 Lisbon Street Lisbon, ME.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 4.33+/- acres; Garage with office space; Residential and commercial structures on one property
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Includes: Price & PSF · Cap rate · Location · Zoning

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