Technical
Financial
Distress signals
Property profile

77 Bates St Lewiston, ME 04240

FOR LEASE
Hospitals
Property ID
US42-0787494
6,876 SF 0.6 ac lot Built 1900
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Class A medical office building, located at 77 Bates St in Lewiston, Maine, offers multiple suites for lease. The property boasts a total of 36,600 square feet, with 14,007 square feet currently vacant and available for immediate occupancy. Individual suites range from a minimum of 6,000 square feet to a maximum contiguous space of 8,007 square feet, providing flexibility for various medical practices and healthcare businesses. The building is zoned CV- Centreville District within Androscoggin County and features convenient amenities including elevators. Its prime location in Lewiston, Maine (zip code 04240), offers excellent accessibility and visibility for attracting patients and clients. The property's "A" class designation reflects its high-quality construction, modern design, and superior finishes. This is an unparalleled opportunity to secure premium medical office space in a thriving Maine community. The building is ideally suited for practices requiring substantial space and modern facilities. Interested parties are encouraged to inquire about lease terms and availability for these exceptional suites. The property is situated in Androscoggin County, offering easy access to local amenities and transportation networks.

Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1900
Total area 6,876 SF
Lot 0.6 ac (26,136 SF)
APN LEWI M:207 L:046 U:13320
UPID US42-0787494

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
  • Physician Medical Clinic
  • Medical Clinic
  • Physician
  • Medical Clinic
  • Medical Clinic Hospital

Location

77 Bates St Lewiston, ME 04240
Lewiston metro Census 20100 LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

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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More about this property
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