16 Bridge St, Lewiston, ME 04240
This exceptional 37,600-square-foot industrial/flex building, located at 16 Bridge Street in Lewiston, Maine, presents a unique investment opportunity. Built in 1956 and extensively renovated in 2022, the property boasts a single-tenant occupancy and sits on a 1.23-acre lot. The building's versatile design caters to a variety of uses, encompassing both warehouse and flex space needs. High ceilings, measuring 18 feet, provide ample vertical space for storage or specialized equipment. The property features convenient loading and access points, including one loading dock, two dock-high doors, and two drive-in doors. Three-phase power is readily available, ensuring sufficient capacity for industrial operations. The zoning designation is UE - Urban Enterprise, allowing for a range of commercial and industrial activities. Situated in Androscoggin County, this property enjoys a prime location near Central Maine Medical Center, Main Street, and the heart of Lewiston, offering excellent accessibility and visibility. The entire 37,600 square feet is currently vacant, providing immediate occupancy for a new tenant or owner-occupier. This property is an ideal choice for businesses seeking a well-maintained, strategically located industrial or flex space in a thriving Maine community. The property's recent renovation ensures modern functionality and efficiency, minimizing the need for immediate capital improvements. The combination of size, location, and features makes this an attractive proposition for both sale and lease. The zip code is 04240.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.