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Property profile & analytics

9 Forrestal St Lewiston, ME 04240-3505

  • Showrooms
  • 39,754 SF
  • 2.61 lot acres
OFF-MARKET
Value Estimation
$690,000
Last Sale
Mar 20, 2024
Location Intelligence
Property ID
US42-0866292
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.

Current Use by Public Records

  • Showrooms

Property Details for 9 Forrestal St

Year built
1979
Lot size
2.61 lot acres
Property size
39,754 SF
Property type
Showrooms
APN
LEWI M:095 L:014
APU
LEWIM095L014

Description

This exceptional industrial warehouse property, located at 9 Forrestal St in Lewiston, Maine, presents a compelling investment opportunity. The 39,754 square foot building sits on a 2.61-acre lot, offering ample space for various industrial uses. Constructed in 1979, the structure boasts a 13-foot ceiling height, providing generous vertical clearance for storage and operations. The property is zoned I - Industrial District, ensuring flexibility for a range of industrial businesses. Convenient access to Maine Turnpike Exit 80 enhances logistical efficiency. The warehouse features four loading docks and one dock-high door, facilitating smooth and efficient loading and unloading operations. The asking price is $2,850,000, translating to a price per square foot of $71.69. This single-building property is owned by Little Red Rooster, LLC and offers a significant opportunity for businesses seeking a well-located, spacious, and functional warehouse in the Lewiston, Maine area. The property's size, location, and features make it an ideal choice for companies requiring substantial warehouse space and convenient access to major transportation routes. The substantial lot size also allows for potential expansion or future development. This is a rare opportunity to acquire a well-maintained industrial property in a thriving Maine market. The property is ready for immediate occupancy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $760,000
  • CAP approach

    CAP return
    Estimation
    6%
    $700,000
    6.5%
    $680,000
    7%
    $675,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $600,000
    Geo Method
    $680,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $580,000
    Retail
    $590,000
    Mixed-Use
    $680,000
    Hospitality
    $575,000
    Educational
    $725,000
    Residential Income
    $550,000
    Energy
    $705,000
    Income-Based Land
    $600,000
    Food Service
    $570,000

Location Insight

  • Map
  • Local Demand
City
Lewiston
County
Androscoggin
State
Maine
Longitude
-70.1685
Latitude
44.0784
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
$37,823
$102,010
$1,158,740
$1,260,750
-
$0.00
$0.00
$0.00
More about this property
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