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    1219 Lisbon St Lewiston, ME 04240

    Sponsored
    For Lease
    $12 SF/Yr ($4,536 /Mo)

    Highway-accessible retail space; 4,536 sq ft.

    Lot size:
    4,536 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant flex/retail property, totaling 4,536 square feet, presents a unique investment opportunity in Androscoggin County. Built in 1987, this one-story building sits on a 0.34-acre lot and is zoned HB - Highway Business, ensuring excellent visibility and accessibility. The property's strategic location provides terrific visibility and easy highway access, making it ideal for a variety of businesses. The space itself is versatile, featuring a combination of showroom and warehouse areas, catering to diverse operational needs. The building boasts ample space for both display and storage, offering flexibility for various retail and flex uses. Power is readily available on-site. The property's single-tenant occupancy simplifies management and provides a stable income stream. The property's parcel number is Map 151, Lot 139. This is a rare opportunity to acquire a well-located, functional, and adaptable commercial property in a thriving area. The building's single-story design and convenient layout enhance operational efficiency. Don't miss this chance to secure a prime commercial space with significant potential.

    Property Features for 1219 Lisbon St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,536 SF
    Total Rate
    4536

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,536 SF
    Rate per SF
    $12

    HighLights

    • 4,536 SF freestanding flex/retail space.
    • Excellent highway visibility and accessibility.
    • Features showroom and warehouse space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -70.187577924888
    Latitude
    44.076766953553

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    FAQs

    What type of property is this?
    Flex space - Highway-accessible retail space; 4,536 sq ft.
    Where is this flex space located?
    The property is located at 1219 Lisbon St Lewiston, ME.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 4,536 SF freestanding flex/retail space.; Excellent highway visibility and accessibility.; Features showroom and warehouse space.
    Request Owner's contact information
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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
    1219 Lisbon St Lewiston, ME 04240
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