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 properties

Property subtype

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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