Lewiston, ME 04240 884 Lisbon Street

884 Lisbon Street Lewiston, ME - Image 1884 Lisbon Street Lewiston, ME - Image 2884 Lisbon Street Lewiston, ME - Image 3
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884 Lisbon Street Lewiston, ME - Image 4884 Lisbon Street Lewiston, ME - Image 5884 Lisbon Street Lewiston, ME - Image 6
Presented By: The Boulos Company;
  • MLS# 1583824
  • 03/11/2024
  • Request Tour
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  • SQFT • 8,825

Home Details

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)
Presented By: The Boulos Company;

Interior Features for 884 Lisbon Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No

General for 884 Lisbon Street

Additional Parcels Y/NNo
Business TypeCommercial, Freestanding Building, Retail, Strip Mall, Net Leased
Carport Y/NNo
CityLewiston
Construction MaterialsConcrete, Brick, Block, Aluminum Siding, Masonry
CoolingCentral Air
CountyAndroscoggin
ElectricCircuit Breakers
Electric On Property Y/NNo
Garage Y/NNo
Gross Income123798.0
Home Owner AssocNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet42688.8
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Operating Expense25157.0
Property SubTypeInvestment
Property TypeCommercial Sale
Rent Control Y/NNo
RoofFlat
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount12306.0
Tax Lot199
Tax Year2023
View Y/NNo
Waterfront Y/NNo
Year Built1970
ZoningCB

Exterior for 884 Lisbon Street

Building Area Total8825.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesPublic Transport Access, Business District, Near Shopping
Lot Size Acres0.98
Lot Size Area0.98
Open Parking Y/NNo
Parking Features21+ Spaces, On Site, Paved
Water SourcePublic

Additional Details

Price History

Shelley Kennagh

Senior Loan Officer
Price $1,395,000
MLS#1583824
List Date 03/11/2024
Property Type Commercial
Phone 207.890.4942
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