48 Commercial StLewiston, ME 04240

  • Industrial properties
  • 66,077 SF
For Sale
$2,200,000 View listing

Property Details for 48 Commercial St

Year built
1956
Lot size
20.53 AC
Property size (Sq ft)
66,077 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
LEWI M:125 L:014
APU
LEWIM125L014

Description

This exceptional 66,077 square foot industrial property, located at 48 Commercial Street in Lewiston, Maine, presents a unique opportunity for a variety of businesses. The building, which underwent renovations in 2017, boasts a versatile layout suitable for executive office space, manufacturing, flex space, warehouse operations, or distribution. The property features multiple tenancies, allowing for flexibility in configuration to meet specific business needs. With a substantial 66,077 square feet of vacant space, this property offers immediate occupancy. Key features include a 14-foot ceiling height, providing ample vertical space for storage or equipment. Loading and unloading are facilitated by six loading docks and one drive-in door. The building is equipped with 200-amp power. The property is zoned UE - Urban Enterprise, and its location in Androscoggin County, Maine (APN: Map 125, Lot 14, zip code 04240) provides excellent access to transportation routes and a skilled workforce. This fully vacant building offers a blank canvas for a business seeking significant space and adaptability. The property's size and features make it ideal for a large-scale operation or a company looking to expand its footprint. Contact us today to learn more about this prime Lewiston industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,504,353
    Hospitality
    $11,453,920
    Educational
    $9,529,527
    Medical
    $9,857,262
    Retail
    $14,823,709
48 Commercial St, Lewiston, Maine

Location Insight

City
Lewiston
County
Androscoggin
State
Maine
Latitude
44.0729
Longitude
-70.1806
CBSA code
30340
CBSA name
LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,786
$228,500
$864,380
$1,092,880
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