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    77 Bates St Lewiston, ME 04240

    Sponsored
    For Lease
    $17 SF/Yr

    Class A Medical Office Suites Available

    Lot size:
    36,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A medical office building, located at 77 Bates St in Lewiston, Maine, offers multiple suites for lease. The property boasts a total of 36,600 square feet, with 14,007 square feet currently vacant and available for immediate occupancy. Individual suites range from a minimum of 6,000 square feet to a maximum contiguous space of 8,007 square feet, providing flexibility for various medical practices and healthcare businesses. The building is zoned CV- Centreville District within Androscoggin County and features convenient amenities including elevators. Its prime location in Lewiston, Maine (zip code 04240), offers excellent accessibility and visibility for attracting patients and clients. The property's "A" class designation reflects its high-quality construction, modern design, and superior finishes. This is an unparalleled opportunity to secure premium medical office space in a thriving Maine community. The building is ideally suited for practices requiring substantial space and modern facilities. Interested parties are encouraged to inquire about lease terms and availability for these exceptional suites. The property is situated in Androscoggin County, offering easy access to local amenities and transportation networks.

    Property Features for 77 Bates St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,600 SF
    Class
    A
    Total Rate
    51850

    Unit(s) available at that property

    Space
    First Floor Suite 4
    Size
    8,007 SF
    Rate per SF
    $17
    Space
    First Floor Suite 3
    Size
    6,000 SF
    Rate per SF
    $17

    HighLights

    • 6,000 - 8,007 SF of Class A medical office space available for lease.
    • Turnkey suites with exam rooms, operating rooms, and kitchenettes.
    • Join established medical tenants including Central Maine Gastroenterology, Nephrology Associates, and Central Maine Therapy Services.
    • High visibility location with an average daily traffic count of 23,230 vehicles.
    • Ample free surface parking.
    • Lease rate: $17.00/SF NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Rehabilitation Associates: ... Physiatrist Central Maine Gastroenterology Medical Clinic Benjamin Stein, M.D., ... Gastroenterologist Nephrology Associates Of Central ... Medical Clinic St. Mary's Neurosurgery Surgical Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2161571
    Latitude
    44.0991005

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Suites Available
    Where is this medical office located?
    The property is located at 77 Bates St Lewiston, ME.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 6,000 - 8,007 SF of Class A medical office space available for lease.; Turnkey suites with exam rooms, operating rooms, and kitchenettes.; Join established medical tenants including Central Maine Gastroenterology, Nephrology Associates, and Central Maine Therapy Services.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    77 Bates St Lewiston, ME 04240
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