Lewiston Commercial Building For
957 Sabattus Street, Lewiston, ME 04240
New
COMMERCIAL - Lewiston, ME
Type:Retail
Property size:
1,720 SFLot size:
0.13 AcresPrice / SF:
$130/SF- Added:
- May 20, 2026
- Days on Market:
- 2
- Last Refresh:
- May 21 at 7:06 pm
Property Features for 957 Sabattus Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Highway Business
- Standard status
- Active
- Size
- 1,720 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2741
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Water source
- Public
Building Details
- Year built
- 1978
- Flooring type
- Concrete
- Building materials
- Masonry, Block, Wood Siding
- Roof type
- Flat
Listing agent Chad Sylvester (207) 333-6020
Listing office Androvise Realty 1008 Lisbon St, Suite 1, Lewiston, ME (207) 333-6020
Listing date May 20, 2026
MLS# 1663178
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.
HighLights
- High traffic location with over 16,000 vehicles passing daily.
- Located near a traffic‑controlled light and across from Family Dollar.
- 1,720 sq ft building with flexible layout, featuring a 1,200 sq ft section with 14‑foot walls and a 520 sq ft section with 10‑foot walls.
- Paved parking lot.
- Includes a 480 sq ft attached carport.
- Phase I Environmental Site Assessment completed and available.
Overview
This commercial retail and service building is located on a 0.13-acre lot. The property benefits from a daily traffic count exceeding 16,000 vehicles. Its location is near a traffic-controlled light and directly across the street from a Family Dollar store. The building provides 1,720 square feet of space. The layout includes a 1,200 square foot section featuring 14-foot walls, and an adjoining 520 square foot section with 10-foot walls. Additionally, there is a 480 square foot attached carport on the side of the building. A paved parking lot is also present. Historically, the property has been used as a 2-bay garage and, most recently, as a dry cleaner facility. A Phase I Environmental Site Assessment has been completed and is available for review. The property is located in Lewiston, Maine.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$199.9K
NOI $17,988 @ 9.00% cap · cautious / downside scenario
Moderate
$257.0K
NOI $17,988 @ 7.00% cap · market / base-case scenario
Aggressive
$359.8K
NOI $17,988 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.0k | $18.00 |
| − Vacancy | −$5.3k | −$3.06 |
| EGI | $25.7k | $14.94 |
| − OpEx | −$7.7k | −$4.48 |
| NOI | $18.0k | $10.46 |
1,720 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$257.0K
$224.9K – $299.8K
NOI $17,988 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.05M
$2.67M – $3.56M
NOI $213,839 @ 7.0% cap · market cap 95.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Urban Garden Center — 790 Sabattus St, Lewiston, ME 04240
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.1669876
- Latitude
- 44.1019696
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Retail/service building on 0.13-acre lot with high traffic count.
Where is this storefront property located?
The property is located at 957 Sabattus Street Lewiston, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High traffic location with over 16,000 vehicles passing daily.; Located near a traffic‑controlled light and across from Family Dollar.; 1,720 sq ft building with flexible layout, featuring a 1,200 sq ft section with 14‑foot walls and a 520 sq ft section with 10‑foot walls.
