376 Sabattus St Lewiston, ME 04240
This exceptional commercial property, located at 376 Sabattus Street in Lewiston, Maine, presents a compelling investment opportunity. The building, constructed in 1966, is a Class B, single-story traditional office space totaling 1,930 square feet. Situated on a 0.68-acre lot in the Community Business District (CB) zoning, this location offers significant versatility. The property boasts an open floor plan, ideal for various business configurations. Two bathrooms ensure convenient access for employees and clients, and the building is fully ADA accessible, promoting inclusivity. Ample parking is provided with a paved lot accommodating 40+ vehicles, accessible via three curb entrances. This high-visibility location benefits from exceptional traffic flow, situated on one of Lewiston's busiest corners, with a Maine Department of Transportation (MDOT) average daily traffic count of 9,930 vehicles. The asking price for this well-maintained office building is $575,000. The property's strategic location and functional design make it an attractive option for businesses seeking a prominent presence in a thriving Lewiston commercial district. The zoning allows for a variety of uses, providing future flexibility and potential for growth.
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
No recorded transactions found for this property.
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.