Property profile

179 Lisbon St Lewiston, ME 04240

OFF-MARKET
Office buildings
Property ID
US42-0850212
30,000 SF 0.17 ac lot Built 1933
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office opportunity is located in the heart of Lewiston, Maine, at 179 Lisbon Street. The Mid Town Mall offers two available suites within a 30,000 square foot Class B building, situated on 0.17 acres of land. Suites range from a minimum of 781 square feet to a maximum contiguous space of 1,400 square feet, perfect for a variety of business needs. The building is conveniently attached to the Centreville Parking Garage, ensuring easy access for clients and employees. This location boasts a strong tenant roster, including prominent local businesses and professionals. The property is zoned CV - Centerville District (APN: Map 207, Lot 105) in Androscoggin County. The vibrant Lewiston/Auburn submarket offers a wealth of amenities within easy reach, including the Forage Market, Lewiston Public Library, City Hall, Lewiston District Court, and the Bates Mill Complex. This is an excellent chance to establish a presence in a thriving community with convenient access to parking and a variety of nearby businesses and services. The property is ideal for businesses seeking flexible, high-quality office space in a central location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1933
Total area 30,000 SF
Lot 0.17 ac (7,405 SF)
APN LEWI M:207 L:105
UPID US42-0850212

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
  • Law Firm Child Welfare Organization
  • Law Firm
  • Physician
  • Physician
  • Physician Alternative Medicine Practice

Location

179 Lisbon St Lewiston, ME 04240-7248
Lewiston metro Census 20100 LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$675k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

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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