Listing Agency: CENTURY 21 Advantage Lewiston Show Phone

Listed By: Meredith LaChapelle · License #ME

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:00AM

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Investment Insights

Based on property information with market context.

This apartment building is currently in use as a 28-unit rooming house. The existing configuration provides an established multifamily operating format within the property.

The property is located at 88 Bartlett Street in Lewiston, Maine. Showings require a minimum of 24 hours’ notice.

Key Highlights

• 28‑unit rooming house currently in operation
• Located at 88 Bartlett Street, Lewiston, ME 04240
• Showings require a minimum of 24 hours’ notice

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Electrical Service Garden Center Travel Agency

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

28

Residential units

Location Intelligence

Trade Area within ½ mile

2,273

Businesses Nearby

Explore this area Business Placement

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 Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Currently operating as a rooming house with 28 units in Lewiston.

Where is this apartment building located?

The property is located at 88 Bartlett Street Lewiston, ME.

What are key features of this property?

This property features: 28‑unit rooming house currently in operation; Located at 88 Bartlett Street, Lewiston, ME 04240; Showings require a minimum of 24 hours’ notice