297 Main St Lewiston, ME 04240
- Commercial land
- 0.32 lot acres
Current Use by Public Records
- Nappi Terri / Nursing Agency
- Leong K C MD / Obstetrician-Gynecologist
Property Details for 297 Main St
- Lot size
- 0.32 lot acres
- Property type
- 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.
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
- -70.214
- Latitude
- 44.1008
- CBSA code
- 30340
- CBSA name
- LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
