Property profile

59 Park St Lewiston, ME 04240

OFF-MARKET
Retail space
Property ID
US42-0779205
5,920 SF 0.09 ac lot Built 1971
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,920 square foot retail or restaurant space is ideally situated in the vibrant heart of Downtown Lewiston, Maine. Boasting a highly desirable storefront presence, this property benefits from excellent visibility and significant foot traffic. Its strategic location directly across the street from the Lewiston Municipal Parking Lot ensures convenient access for customers and employees. The spacious and versatile interior offers ample room for a variety of commercial uses. The surrounding area is thriving, with a mix of established retailers, restaurants, and office spaces, creating a dynamic and supportive business environment. The property sits on a 0.09-acre lot, providing convenient access and potential for outdoor seating or signage (subject to local regulations). This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing downtown area. The asking price for this exceptional space is $215,000. This property is ready for immediate occupancy and presents a significant opportunity for a discerning investor or business owner seeking a prime location in a bustling urban center. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Total area 5,920 SF
Lot 0.09 ac (3,920 SF)
APN LEWI M:207 L:071
UPID US42-0779205

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
  • Atm

Location

59 Park St Lewiston, ME 04240-7129
Lewiston metro Census 20100 LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$280,203
4 recorded transactions
2025
$215,000
2023
$280,203
2023
Price N/A
2023
$275,000

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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