4 Lisbon St Lewiston, ME 04240
This exceptional 8,144 square foot shopping center, located at 4 Lisbon St in Lewiston, Maine (04240), presents a rare investment opportunity. Built in 1896 and situated on a 0.04-acre lot (APN: LEWI-000207-000000-000079), this property boasts a prime corner location at the intersection of Lisbon and Main Streets, ensuring high visibility and significant foot traffic. The asking price is $675,000, translating to $82.88 per square foot. The main level currently features a 1,808 square foot storefront space, previously occupied by J. Dostie Jewelers, along with a full basement and a 172 square foot mezzanine. The upper floors comprise two leased apartments, and a third-floor space prepared for renovation into additional residential units. This property is zoned as "centreville" and offers a unique chance to acquire a landmark building with substantial potential for both retail and residential income. The building's history and location make it a truly unique investment opportunity. This is a chance to own a piece of Lewiston's history and capitalize on its vibrant downtown area. The property has been available for sale for the first time since 1964.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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