1173 Sabattus St Lewiston, ME 04240
This exceptional 1.4-acre commercial property, located at 1173 Sabattus Street in Lewiston, Maine (APN: LEWI-000038-000000-000004-012850), presents a unique investment opportunity. Zoned HB, this land offers a blend of commercial and residential potential. Its strategic location on Route 126 ensures high visibility, boasting an average daily traffic count of 10,460 vehicles. This high traffic volume makes it perfect for businesses that benefit from drive-by exposure. The property is further enhanced by existing infrastructure, including a paved parking lot, readily installed pylon sign, and readily available water and sewer connections. These essential utilities significantly reduce the upfront costs associated with developing the site. Situated in Androscoggin County, Lewiston, ME 04240 (44.1007687, -70.1431566), this property is ideally positioned within a thriving community. The asking price for this remarkable opportunity is $250,000. Don't miss the chance to acquire this well-situated and well-equipped parcel of land. Its combination of location, visibility, and existing infrastructure makes it an attractive proposition for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.