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    Property profile & analytics

    34 Lewiston St Mechanic Falls, ME 04256

    • Auto shops
    • 3,840 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0131609
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 34 Lewiston St

    Lot size
    0.40 lot acres
    Property size
    3,840 SF
    Property type
    Auto shops

    Description

    This exceptional Mechanic Falls property presents a unique investment opportunity, combining lucrative commercial and residential spaces. The 3,840 square foot building sits on a 0.4-acre lot zoned for Downtown Industrial use, offering versatility and potential for expansion. Currently operating as a thriving business, the property includes a three-bay garage perfectly suited for used car sales, along with a licensed antique business. The multi-tenant structure boasts three units, providing three residential apartments, each with two parking spaces. The building is a two-story Class C structure, offering a blend of established income and future development potential. The asking price is $450,000, translating to $117.19 per square foot. Located at 34 Lewiston St, Mechanic Falls, ME 04256, this property offers a compelling blend of established income streams and significant upside potential in a desirable location. The property's current configuration allows for immediate income generation, while the zoning and size provide flexibility for future expansion or adaptation to changing market demands. This is an owner-user opportunity, ideal for an entrepreneur seeking a blend of commercial and residential income. The property's history as a successful used car sales and antique business provides a strong foundation for continued success.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mechanic Falls
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.3869195
    Latitude
    44.1111525
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    34 Lewiston St
    Mechanic Falls, ME 04256
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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