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    48 Commercial St Lewiston, ME 04240
    Property profile & analytics

    48 Commercial St, Lewiston, ME 04240

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    • Industrial properties
    • 66,077 SF
    • 20.53 lot acres
    Lewiston Manufacturing, Warehouse, Office Space For Lease
    $4 SF/Yr
    66,077 SF

    Lewiston Manufacturing, Warehouse, Office Space

    66,077± SF light manufacturing, warehouse, and office space available.

    48 Commercial Street, Lewiston, ME 4240
    View Listing
    Property ID
    US42-0852765
    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.

    Value Estimations
    $915,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 48 Commercial St

    Year built
    1956
    Lot size
    20.53 lot acres
    Property type
    Industrial properties
    APN
    LEWI M:125 L:014
    APU
    LEWIM125L014

    Description

    This exceptional 66,077 square foot industrial property, located at 48 Commercial Street in Lewiston, Maine, presents a unique opportunity for a variety of businesses. The building, which underwent renovations in 2017, boasts a versatile layout suitable for executive office space, manufacturing, flex space, warehouse operations, or distribution. The property features multiple tenancies, allowing for flexibility in configuration to meet specific business needs. With a substantial 66,077 square feet of vacant space, this property offers immediate occupancy. Key features include a 14-foot ceiling height, providing ample vertical space for storage or equipment. Loading and unloading are facilitated by six loading docks and one drive-in door. The building is equipped with 200-amp power. The property is zoned UE - Urban Enterprise, and its location in Androscoggin County, Maine (APN: Map 125, Lot 14, zip code 04240) provides excellent access to transportation routes and a skilled workforce. This fully vacant building offers a blank canvas for a business seeking significant space and adaptability. The property's size and features make it ideal for a large-scale operation or a company looking to expand its footprint. Contact us today to learn more about this prime Lewiston industrial space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $865,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $966,000
      Market price range: $967k - $2.78M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,500,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.1806
    Latitude
    44.0729
    CBSA code
    30340
    CBSA name
    LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,786
    $228,500
    $864,380
    $1,092,880
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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