179 Lisbon StLewiston, ME 04240

  • Office properties
  • 30,000 SF
For Lease
$9,372/SF/YR View listing

Property Details for 179 Lisbon St

Year built
1933
Lot size
0.17 AC
Property size (Sq ft)
30,000 SF
Property type
Office properties
Property subtype
Office buildings
APN
LEWI M:207 L:105
APU
LEWIM207L105

Description

This exceptional office opportunity is located in the heart of Lewiston, Maine, at 179 Lisbon Street. The Mid Town Mall offers two available suites within a 30,000 square foot Class B building, situated on 0.17 acres of land. Suites range from a minimum of 781 square feet to a maximum contiguous space of 1,400 square feet, perfect for a variety of business needs. The building is conveniently attached to the Centreville Parking Garage, ensuring easy access for clients and employees. This location boasts a strong tenant roster, including prominent local businesses and professionals. The property is zoned CV - Centerville District (APN: Map 207, Lot 105) in Androscoggin County. The vibrant Lewiston/Auburn submarket offers a wealth of amenities within easy reach, including the Forage Market, Lewiston Public Library, City Hall, Lewiston District Court, and the Bates Mill Complex. This is an excellent chance to establish a presence in a thriving community with convenient access to parking and a variety of nearby businesses and services. The property is ideal for businesses seeking flexible, high-quality office space in a central location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,959,896
    6.5%
    $4,578,366
    7%
    $4,251,340
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,919,800
    Geo Method
    $3,919,800
  • Alternative Use

    Use
    Valuation
    Residential
    $5,677,174
    Hospitality
    $5,200,260
    Educational
    $4,326,556
    Medical
    $4,475,352
    Retail
    $6,730,198
179 Lisbon St, Lewiston, Maine

Location Insight

City
Lewiston
County
Androscoggin
State
Maine
Latitude
44.0955
Longitude
-70.2169
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
$26,624
$58,650
$828,810
$887,460
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-
-
-

FAQs

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