100 Horton St Lewiston, ME 04240-6905
- Investment properties
- 4,685 SF
- 0.06 lot acres
Current Use by Public Records
- Washtub / Laundromat
Property Details for 100 Horton St
- Year built
- 1881
- Lot size
- 0.06 lot acres
- Property size
- 4,685 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- LEWI M:195 L:394
- APU
- LEWIM195L394
Description
This exceptional mixed-use property at 100 Horton Street, Lewiston, ME, presents a lucrative investment opportunity. Spanning 3,740 square feet on a 0.06-acre lot, this building houses a thriving laundromat equipped with Speed Queen washers and dryers, boasting a loyal customer base and ample space for expansion. The laundromat also incorporates a well-established variety store and candy store, further enhancing income potential. An additional office space with a separate entrance at 70 Walnut Street offers further rental income or expansion possibilities. The first floor also includes space suitable for another business venture. Outdoor seating is partially established. Above the commercial space, the second floor features a spacious two- or three-bedroom apartment complete with a full bathroom, eat-in kitchen with stainless steel appliances, living room, dining room, and wood floors, plus a covered porch. A studio apartment with a half-bath, requiring minor finishing touches, occupies the third floor. The property includes three bathrooms in total. The building has received over $50,000 in grant funding from the city's cityscape and lead grant programs. This unique property offers a blend of established businesses and residential rental income, making it an ideal investment for a discerning buyer. The property is priced at $499,900.
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
- -70.2096
- Latitude
- 44.0963
- CBSA code
- 30340
- CBSA name
- LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
