Property profile

1219 Lisbon St Lewiston, ME 04240

FOR LEASE
Retail space
Property ID
US42-0808930
4,536 SF 0.19 ac lot Built 1987
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional single-tenant flex/retail property, totaling 4,536 square feet, presents a unique investment opportunity in Androscoggin County. Built in 1987, this one-story building sits on a 0.34-acre lot and is zoned HB - Highway Business, ensuring excellent visibility and accessibility. The property's strategic location provides terrific visibility and easy highway access, making it ideal for a variety of businesses. The space itself is versatile, featuring a combination of showroom and warehouse areas, catering to diverse operational needs. The building boasts ample space for both display and storage, offering flexibility for various retail and flex uses. Power is readily available on-site. The property's single-tenant occupancy simplifies management and provides a stable income stream. The property's parcel number is Map 151, Lot 139. This is a rare opportunity to acquire a well-located, functional, and adaptable commercial property in a thriving area. The building's single-story design and convenient layout enhance operational efficiency. Don't miss this chance to secure a prime commercial space with significant potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Total area 4,536 SF
Lot 0.19 ac (8,276 SF)
APN LEWI M:151 L:139
UPID US42-0808930

Cap rate & NOI

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

Location

1219 Lisbon St Lewiston, ME 04240
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
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Comparable Approach Comparable
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Blend (final) Blend
$230k

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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More about this property
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