884 Lisbon ST Active

Lewiston,ME 04240

$ 1395000

- Bed

0 Bath

8825 SqFt


Key Details

Property Type Commercial Sale

Sub Type Investment

Listing Status Active

Square Footage 8,825 sqft

Price per Sqft $158

MLS Listing ID 1583824

HOA Y/N No

Originating Board Maine Listings

Year Built 1970

Annual Tax Amount $12,306

Tax Year 2023

Lot Size 0.980 Acres

Acres 0.98

Property Description

Situated on bustling Lisbon Street, located minutes from ME Turnpike I-95 and surrounded by national/local retailers and businesses, this property offers prime visibility and convenient access to a vibrant business district. Tenants include Rent-A-Center, AAA, Hometown Nutrition, and The Lunch Table, providing investors with established long-term national and regional tenants.

8,825± SF, multi-tenanted retail center on 0.98± acre

Prime location along the Maine Turnpike corridor, while also neighboring nearby shopping centers, restaurants and residences

Traffic count of over 18,525 vehicles per day

Sale Price: $1,395,000 (7.07% Cap Rate)

Location

State ME

County Androscoggin

Zoning CB

Interior

Cooling Central Air

Exterior

Garage 21+ Spaces,On Site,Paved

Waterfront No

View Y/N No

Roof Type Flat

Parking Type 21+ Spaces,On Site,Paved

Building

Lot Description Public Transport Access,Business District,Near Shopping

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Concrete,Brick,Block,Aluminum Siding,Masonry

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