884 Lisbon St Lewiston, ME 04240-6584

This exceptional investment opportunity presents an 8,825-square-foot, multi-tenant retail center located at 884 Lisbon Street in Lewiston, Maine. The property, built in 1970, boasts a strong 7.07% capitalization rate and a net operating income (NOI) of $98,641, with an asking price of $1,395,000 ($158.07 per square foot). The single-story building sits on approximately 0.98 acres and is zoned CB - Community Business. The property benefits from a prime location on Lisbon Street, a high-traffic area with over 18,525 vehicles passing daily. Its proximity to the Maine Turnpike (I-95) ensures excellent visibility and accessibility. The tenant roster includes a mix of established national and regional businesses such as Rent-A-Center, AAA, Hometown Nutrition, and The Lunch Table, providing a stable and diversified income stream. This fully leased investment property offers a compelling opportunity for investors seeking a strong return in a desirable location within a vibrant business district, surrounded by other national and local retailers and businesses. The property's APN is 177/199 and is currently owned by Ranch Landholdings, LLC. This is a core investment-grade property with a proven track record.