43 Lisbon StLewiston, ME 04240

Property Details for 43 Lisbon St

Year built

1902

Property size (Sq ft)

1,113 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

LEWI M:207 L:124 U:20310

APU

LEWIM207L124U20310

Description

This exceptional 3,888 square foot commercial property located at 43 Lisbon Street in the heart of Lewiston, Maine, presents a unique opportunity for a discerning buyer. The building boasts a desirable intown location, offering high visibility and accessibility. The interior features beautiful hardwood floors and exposed brick, creating a charming and character-filled atmosphere. Large glass windows flood the space with natural light, providing an inviting ambiance for any business. The versatile layout is ideal for a variety of uses, including a wine bar, restaurant, brewery, or office space. The property's size and features offer ample room for customization and creative design to suit the needs of a new owner. The asking price is $225,000. This is a rare chance to acquire a substantial commercial property in a thriving Maine city, ready for immediate occupancy and the realization of your business vision. The property sits on a 0-acre lot, making it easily manageable and accessible. Don't miss this chance to transform this space into your dream business venture. Schedule a viewing today to explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $184,012

  6.5%

  $169,857

  7%

  $157,725

• Comparable approach

  Method

  Valuation

  Relative Method

  $145,425

  Geo Method

  $145,425

• Alternative Use

  Use

  Valuation

  Residential

  $210,623

  Hospitality

  $192,930

  Educational

  $160,515

  Medical

  $166,036

  Retail

  $249,690

Location Insight

City

Lewiston

County

Androscoggin

State

Maine

Latitude

44.0979

Longitude

-70.218

CBSA code

30340

CBSA name

LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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