Technical
Financial
Distress signals
Property profile

1035 Lisbon St Lewiston, ME 04240

OFF-MARKET
Retail space
Property ID
US42-0828908
45,296 SF Built 1988
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 1035 Lisbon Street in Lewiston, Maine, presents a unique opportunity for businesses seeking versatile office space. The building, constructed in 1969, boasts a total of 20,592 square feet, with 7,020 square feet currently available for lease. The space is fully built-out as office space, featuring private offices, and several large training and conference rooms, making it ideal for a variety of business needs. The property sits on a substantial 10.45-acre lot and is zoned CB - Community Business, offering flexibility for potential future development or expansion. Its location provides excellent visibility and accessibility, situated in a high-traffic area with convenient access to the Maine Turnpike, Exit 80. Furthermore, the property benefits from the proximity of various amenities, including a nearby bus stop, ensuring convenient commuting options for employees and clients. This is a rare opportunity to secure a well-appointed, spacious office space in a prime Lewiston location. The existing infrastructure and layout provide immediate occupancy, minimizing downtime and allowing businesses to focus on growth. The ample lot size offers potential for future expansion or additional development, providing long-term value and flexibility. Don't miss this chance to establish your business in a thriving commercial area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Total area 45,296 SF
APN LEWI M:177 L:437 U:11823
UPID US42-0828908

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Restaurant Take-out & Catering
  • Storage Facility
  • Auto Parts Store
  • Real Estate Agency

Location

1035 Lisbon St Lewiston, ME 04240-5771
Lewiston metro Census 20600 LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.61M
Blend (final) Blend
$4.21M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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