For Sale
$369,000

33-37 Lisbon St StLewiston, ME 04240

Downtown Lewiston retail & residential

Overview

Added:
Feb 3
Days on market:
60
This exceptional mixed-use property, located at 33-37 Lisbon Street in the heart of Lewiston, Maine, presents a unique investment opportunity. The 14,006 square foot building sits on an expansive 11-acre lot and boasts significant street-level retail space currently occupied by a thriving retail shop and a convenience store. These ground floor businesses benefit from high pedestrian and vehicular traffic, ensuring consistent revenue streams. The upper floors comprise seven residential units, currently requiring substantial renovation. However, once updated, these units offer significant potential for increased rental income and a strong return on investment. The building's prime location provides stunning views of Lisbon Street, the Androscoggin River, and the city of Auburn. Imagine enjoying panoramic views, including a bird's-eye perspective of the annual Lewiston Balloon Festival, from a future rooftop amenity. This property is ideally situated to capitalize on Lewiston's continued growth and vibrant downtown culture. The substantial lot size offers additional development possibilities, further enhancing the investment potential. This is a rare chance to acquire a significant piece of Lewiston's downtown, offering both immediate income and long-term growth prospects. The asking price is $369,000.

Property Details for 33-37 Lisbon St St

Property type
Mixed-use properties
Square Feet
14,006 SF
Lot Size (sq. ft)
479,160 SF

Location Insight

City
Lewiston
County
Androscoggin
State
Maine
Latitude
44.09795
Longitude
-70.2181
33-37 Lisbon St St, Lewiston, Maine

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33-37 Lisbon St St
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