High Visibility Retail/Residential Building

Retail-Commercial for Sale
Catylist Listing ID: 30871533
Property Subtypes: Convenience Store, Other
Building Size (RSF): 9,500 SF
Gross Building Area: See Agent
Sale Price: $594,900
Unit Price: $62.62 PSF
Property Use Type: Investment
Building Name: 191 Lisbon St
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 4/30/2024

Overview / Comments

Don't miss the chance to own a mixed-use building in the heart of downtown Lewiston with a rare private skyway easement to the parking garage. With one commercial unit on the ground level and three recently renovated residential units above, this income producing mixed used property has a 9% capitalization rate. With plenty of great amenities outside the front doors and close proximity to Central Maine Medical Center, the courts, great restaurants, and great local services, this property is located in a prime location. Parking is never an issue due to the direct access to the parking garage. Don't miss the chance to make this one of a kind investment property yours!

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 207/000/104
Zoning: CENTREVILLE DISTRICT
Largest Nearby Street: Lisbon Street, Main Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1881
Year Renovated: 2019
Roof Type: Flat
Parking Type: Surface, Other
Heat Type: Oil
Lot Frontage: 45
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Skywalk to the parking garage

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,532 46,552 59,530
Median Age: 31.39 36.65 38.35
Households: 8,817 19,844 25,186

Contact

Photograph of Listing Agent

Chad Sylvester

Androvise Realty NECPE Member
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