4 Lisbon St Lewiston, ME 04240
- Lifestyle centers
- 8,144 SF
- 0.04 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 4 Lisbon St
- Year built
- 1896
- Lot size
- 0.04 lot acres
- Property size
- 8,144 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.2179
- Latitude
- 44.0986
