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Property profile & analytics
OFF-MARKET Estimated value $960,000
Medical Office Space

475 Lisbon St Lewiston, ME 04240-7418

12,900 SF 0.3 ac lot Built 1900
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US42-0800882
Property summary
AI-generated overview

This exceptional 3,033 square-foot Class A medical office space is situated in a single-story, 13,000 square-foot building, completely renovated in 2022. The property, located in Androscoggin County (APN: Map 196, Lot 13, zoned CV - Centrevill), offers a single suite within a building constructed in 1900. The space boasts convenient access to ample parking, with adjacent surface lots and a public parking garage readily available. This location benefits from its proximity to established businesses, including Skelton Taintor & Abbott and Central Maine Medical Center, ensuring high visibility and a strong patient base. The building shares tenancy with Riverside Eye Center, creating a collaborative and synergistic environment. The lease rate is $20.00 per square foot, NNN. This turnkey space is ideal for medical practices seeking a modern, well-located, and easily accessible office environment. The property features a total of 13,000 square feet across one building. This represents a unique opportunity to establish or expand a medical practice in a thriving area. Don't miss this chance to secure this exceptional Class A medical office space.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1900
Total area 12,900 SF
Lot 0.3 ac (13,068 SF)
APN LEWI M:196 L:013
UPID US42-0800882
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rapid Dumpsters General Contractor Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$869k
Blend (final) Blend
$960k
Owner & transaction history
Strange Quark Rlty LLC · 5 yrs held
Strange Quark Rlty LLC
since 2021
2 recorded transactions
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +77.1%
Restaurant $860,000 +23.8%
Retail stores $735,000 +5.9%
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