20 East Ave Lewiston, ME 04240
- Neighborhood centers
- 183,691 SF
Current Use by Public Records
- Tio's Pawn Shop / Pawn Shop
- Lewiston Mall / Shopping Mall
- Family Dollar / Clothing Store / Tobacco Shop
- Golden City / Chinese Restaurant
- Bull Moose / Cd Store / Dvd Store
Property Details for 20 East Ave
- Year built
- 1964
- Property size
- 183,691 SF
- Property type
- Neighborhood centers
- Property subtype
- Community centers
Description
This exceptional 183,691 square foot retail center, situated on a 6.24-acre lot in Lewiston, Maine, presents a unique investment opportunity. The property, comprised of five single-story buildings, boasts a desirable location within a thriving commercial area. Built in 1964 and renovated in 2010, the Class B center offers a mix of existing tenants and significant vacancy, providing flexibility for various retail concepts. Currently, there are eight spaces available, ranging in size from 2,630 square feet to a substantial 89,572 square feet of contiguous space. The property's zoning is COMMERCIAL (APN: RE00010773). Benefit from the strong demographics of the Lewiston-Auburn metropolitan area, the second largest in Maine with a population of 65,000 and proximity to nearly half of Maine's population within a 30-mile radius. The presence of Bates College, a top 20 liberal arts school, further enhances the area's appeal. This center is strategically located near established businesses such as Bull Moose Music, Family Dollar, CVS, the BBQ Pit, Dunkin', and Save-a-lot, creating a synergistic retail environment. This is an ideal opportunity to establish or expand your retail presence in a vibrant and growing market. The substantial vacant space allows for significant customization and tenant mix development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.2023
- Latitude
- 44.0861
