297 Main StLewiston, ME 04240

Property Details for 297 Main St

Lot size

0.32 AC

Property type

Land

Property subtype

Commercial land

APN

LEWI M:195 L:049

APU

LEWIM195L049

Description

This exceptional 10,692 square foot, two-story commercial building in Lewiston, Maine, presents a compelling investment opportunity. Located at 297 Main St, this Class B property sits on a 1.43-acre lot (APN 194/477 & 195/49) and boasts a desirable Community Business (CB) zoning. Originally a Walgreens, the building features a spacious 7,200 square foot main level and a 3,492 square foot lower level. Built in 1966, the property benefits from high visibility and traffic counts exceeding 17,000 vehicles daily, situated directly across from Central Maine Medical Center. The asking price is $2,000,000, translating to $187.06 per square foot. Potential uses include medical, office, or retail spaces, with lease rates estimated at $12.00 to $15.00 per square foot, NNN. This property offers significant redevelopment potential in a thriving Maine location. The property is owned by TIIP Lewiston LLC.

• Alternative Use

  Use

  Valuation

  Residential

  $2,637,804

  Hospitality

  $2,416,214

  Educational

  $2,010,262

  Medical

  $2,079,398

  Retail

  $3,127,074

Location Insight

City

Lewiston

County

Androscoggin

State

Maine

Latitude

44.1008

Longitude

-70.214

CBSA code

30340

CBSA name

LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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