1775 Lisbon StLewiston, ME 04240

Property Details for 1775 Lisbon St

Year built

1959

Lot size

90.00 AC

Property size (Sq ft)

122,395 SF

Property type

Office buildings

APN

LEWI M:097 L:003

APU

LEWIM097L003

Description

This exceptional industrial property, located at 1775 Lisbon St in Lewiston, Maine (04240), offers 104,810 square feet of versatile space within a single, two-story building. Currently, 50,000 square feet is immediately available, divisible into units as small as 20,000 square feet, with a maximum contiguous space of 50,000 square feet. The property is zoned HB - Highway Business District & Growth Area Overlay Zone (APN: Map 97, Lot 03) and is ideally situated within the Lewiston/Auburn submarket, providing excellent access to major transportation routes. The building features a generous 16-foot ceiling height, perfect for various industrial uses, and includes eight loading docks for efficient material handling. Ample parking is provided at a 5:1 ratio to the total building square footage. While elevators are not present, the building's design facilitates easy access to the second floor. This multi-tenant property presents a unique opportunity for businesses seeking flexible and functional industrial space in a prime Lewiston location. The property is categorized as Manufacturing, Flex, Warehouse, and Distribution space, making it suitable for a wide range of industrial operations. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $20,235,550

  6.5%

  $18,678,968

  7%

  $17,344,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,992,131

  Geo Method

  $15,992,131

• Alternative Use

  Use

  Valuation

  Residential

  $23,161,922

  Hospitality

  $21,216,196

  Educational

  $17,651,626

  Medical

  $18,258,692

  Retail

  $27,458,084

Location Insight

City

Lewiston

County

Androscoggin

State

Maine

Latitude

44.0646

Longitude

-70.1664

CBSA code

30340

CBSA name

LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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