9 Forrestal St Lewiston, ME 04240-3505
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.