500 Canal StLewiston, ME 04240

This exceptional investment opportunity encompasses a Class A, mixed-use portfolio totaling 45,817 square feet in Lewiston, Maine's second-largest MSA. The portfolio consists of two buildings situated at 500 Canal St, Lewiston, ME 04240, within the CV - Centerville District zoning. The cornerstone property is a four-story, 28,000 square foot brick building constructed in 2004, currently generating stabilized income from leased office space. Adding to the investment's strength is a ground lease with the City of Lewiston for a parking garage, providing consistent revenue. Further enhancing the potential, a 0.61-acre parking lot offers significant redevelopment opportunities. The entire portfolio is offered at $3,830,400, representing a price per square foot of $83.60. This presents a rare chance to acquire a well-positioned, income-producing asset with substantial upside potential in a thriving Maine market. The property is owned by Little Canada, LLC. This portfolio offers a blend of stable income and future development possibilities, making it an attractive investment for discerning buyers. The property's location in the vibrant Centerville District of Lewiston ensures strong tenant demand and future growth prospects.