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    10 Avon St Lewiston, ME 04240
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    Property profile & analytics

    10 Avon St, Lewiston, ME 04240

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    • Industrial properties
    • 9,780 SF
    • 5.47 lot acres
    Approved Riverfront Development Opportunity For Sale
    Contact for pricing
    6.00 Acres

    Approved Riverfront Development Opportunity

    Approved riverfront project with 244 market rate units.

    10, 35 & 37 Avon Street, Lewiston, ME 4240
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    Property ID
    US42-0848753
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 10 Avon St

    Year built
    1912
    Lot size
    5.47 lot acres
    Property type
    Industrial properties
    APN
    LEWI M:206 L:019
    APU
    LEWIM206L019

    Description

    This exceptional 6.6-acre development opportunity in Lewiston, Maine, presents a unique chance to build a substantial residential project. The site boasts 800 feet of frontage overlooking the Androscoggin River, offering stunning views and immediate access to the city's planned riverfront revitalization. The property is strategically located at 10, 35 & 37 Avon St., Lewiston, ME 04240, providing excellent highway access—minutes from I-95—and proximity to major employers including Central Maine Medical Center (CMMC), St. Mary's Regional Health Center, and Bates College. With approvals and pre-development work already completed, this project is shovel-ready. The site is zoned for 244 market-rate residential units, catering to the strong housing demand fueled by Lewiston's population growth, which is more than double the state average. The area benefits from over 3,000 local healthcare jobs. Further enhancing the investment potential is a 63% tax reduction for 20 years through Tax Increment Financing (TIF), along with attractive financing options available through local and regional banks. Lewiston, the second-largest city in Maine, offers a vibrant and growing market, making this a compelling opportunity for significant returns. This is a rare chance to capitalize on a prime location with substantial pre-development work already completed.


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    Location Insight

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    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2205
    Latitude
    44.1057
    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
    $11,550
    $288,920
    $96,080
    $385,000
    -
    $0.00
    $0.00
    $0.00
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    More about this property
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