1399 Lisbon StLewiston, ME 04240

  • Retail properties
  • 1,920 SF
For Lease

Property Details for 1399 Lisbon St

Year built
1983
Lot size
2.07 AC
Property size (Sq ft)
1,920 SF
Property type
Retail properties
Property subtype
Other automotive properties
APN
LEWI M:124 L:004
APU
LEWIM124L004

Description

This exceptional build-to-suit opportunity in Lewiston, Maine, offers 20,000 square feet of flexible space ideal for executive offices or retail use. Situated on a 2.07-acre lot at 1399 Lisbon St, this single-tenant property boasts a highly desirable Highway Business (HB) zoning designation. The property's APN is 124/4, located in Androscoggin County, and features a convenient Lewiston address with zip code 04240. The building is virtually vacant (2 sq ft occupied), presenting a blank canvas for a customized design to perfectly meet your business needs. The expansive lot size provides ample room for parking, landscaping, and potential future expansion. This property is perfectly positioned to capitalize on the thriving Lewiston market, offering excellent visibility and accessibility from Lisbon Street. The build-to-suit nature of this offering allows for complete customization of the interior layout and finishes, ensuring a space that is perfectly tailored to your specific requirements. This is a rare opportunity to secure a prime location in a growing area. Don't miss out on this chance to create your ideal workspace in a highly sought-after Lewiston location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $466,627
    6.5%
    $430,733
    7%
    $399,966
  • Comparable approach

    Method
    Valuation
    Relative Method
    $632,185
    Geo Method
    $632,185
  • Alternative Use

    Use
    Valuation
    Residential
    $363,339
    Hospitality
    $332,817
    Educational
    $276,900
    Medical
    $286,423
    Retail
    $430,733
1399 Lisbon St, Lewiston, Maine

Location Insight

City
Lewiston
County
Androscoggin
State
Maine
Latitude
44.074
Longitude
-70.1798
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
$7,252
$142,600
$99,130
$241,730
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-
-
-

FAQs

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