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    Property profile & analytics

    1 Memorial Ave Lewiston, ME 04240-5127

    • Retail space
    • 4,356 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US42-0846933
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1 Memorial Ave

    Year built
    1940
    Lot size
    0.49 lot acres
    Property size
    4,356 SF
    Property type
    Retail space
    APN
    LEWI M:169 L:009
    APU
    LEWIM169L009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2011
    Latitude
    44.1277
    CBSA code
    30340
    CBSA name
    LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,450
    $35,310
    $46,350
    $81,660
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $570,000
      24,834 SF

      686 Main St

      RETAIL STORES (PERSONAL SERVICES) • 24,834 SF
      686 Main St, Lewiston, ME 04240-5801
      View Details
    • Value Estimation by Request
      14,400 SF

      25 Ee Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,400 SF
      25 Ee Ave, Lewiston, ME 04240-6693
      View Details
    • Value Estimation
      $170,000
      8,700 SF

      50 Lisbon St

      RETAIL STORES (PERSONAL SERVICES) • 8,700 SF
      50 Lisbon St, Lewiston, ME 04240-7116
      View Details
    • Value Estimation
      $340,000
      3,840 SF

      425 Sabattus St

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      425 Sabattus St, Lewiston, ME 04240
      View Details
    • Value Estimation
      $325,000
      1,477 SF

      510 Sabattus St

      RETAIL STORES (PERSONAL SERVICES) • 1,477 SF
      510 Sabattus St, Lewiston, ME 04240-4146
      View Details
    • Value Estimation
      $150,000
      1,272 SF

      125 Scribner Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,272 SF
      125 Scribner Blvd, Lewiston, ME 04240-4454
      View Details

    Similar Nearby for Sale

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      Former Walgreens Retail Opportunity

      Redevelopment opportunity near Central Maine Medical Center.
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    • $644,900
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      Mixed-Use Investment Opportunity Near College

      Four residential units plus convenience store near Bates College.
      88 Russell St, Lewiston, ME 04240
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    • Contact for pricing
      169,000 SF

      140 Mill St

      Multifamily properties • 169,000 SF
      140 Mill St, Lewiston, ME 04240
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    • $450,000

      Retail Restaurant Space For Sale

      Retail restaurant property in high-traffic Lewiston corridor for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      47,100 SF

      Prime Lewiston Retail Land

      43.3 acres, build-to-suit opportunity.
      135 Apple Rd, Lewiston, ME 04240
      View Details
    • $12 SF/Yr
      2,500 SF

      Lewiston Retail or Office Space

      Retail or office space available for lease in Lewiston.
      9 Westminster St, Lewiston, ME 04240
      View Details
    • $20 SF/Yr
      1,818 SF

      Retail/Office Space on Lisbon Street

      Prime retail or office space in a high-traffic location.
      810 Lisbon St, Lewiston, ME 04240
      View Details
    • $15 SF/Yr
      2,875 SF

      Retail/Office Space with Drive-Thru

      Prime retail and office spaces with high visibility and parking.
      217 Main St, Lewiston, ME 04240
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    • $1,800 /Mo
      3,000 SF

      Centerville District Retail Opportunity

      Retail suite in a highly visible, mixed-use complex.
      37 Park St, Lewiston, ME 04240
      View Details
    • $15 SF/Yr
      4,257 SF

      Renovated Office/Retail Space Available

      Newly renovated office/retail space with modern finishes and historical details.
      197 Lisbon St, Lewiston, ME 04240
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      1.5k
    • Avg Time on site
      14 min
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    1 Memorial Ave
    Lewiston, ME 04240-5127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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