For Sale / Office / Commercial

Office for Sale
Catylist Listing ID: 29738087
Property Subtypes: Mixed Use
Building Size (RSF): 33,607 SF
Gross Land Area: 0.25 Acres
Sale Price: $595,000
Unit Price: $17.70 PSF
Property Use Type: Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

Here is a great opportunity to take part in the continued revitalization of downtown Lewiston in an absolute prime location.

The Depositors Trust Building, located directly adjacent to the District Court House, offers 33,607± SF on four levels with many division options and suites available.

Aggressively priced at $595,000 or lease up to 8,000 SF at $9.00 PSF Modified

Attachments & Media

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 999999
Market Type: Medium
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus, Highway, Airport, Taxi, Other
Highway Access: I-95
Airports: Lewiston Auburn Municipal
Site Description: Originally constructed for the Depositors Trust Bank, 55 Lisbon has a long history of banking and financial services. Most recently occupied by Key Bank, the property has many bank-specific features making it an ideal location for any bank or credit union. Banking amenities include: drivethrough, air tube system, multiple safes, vault, safety deposit boxes and customer lobby area. * The (14) parking spaces are located on Canal Street and are available by way of an existing and assignable lease. Further details available.
Area Description: Lewiston is Maine’s second largest city with a population of over 36,000 people, and its twin city across the river, Auburn, has a population of over 23,000. The MSA population is over 100,000. Lewiston is home to Bates College, a distinguished small liberal arts institution that ranks among the most prestigious in the country. The city also has campuses for the University of Southern Maine, Central Maine Community College and Kaplan University. Additionally, the city has two hospitals – Central Maine Medical Center with well known cardiac and trauma units as well as Saint Mary’s Regional Medical Center. Additional large employers in the area include Country Kitchen Bread, Wal-Mart Distribution Center, Sun Journal Newspaper, T D Bank, Liberty Mutual, Geiger and Diamond Phoenix (System Logistics), an engineering company.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1921
Roof Type: Flat
Construction/Siding: Block, Steel Frame
Exterior Description: Granite
Parking Type: Surface
Parking Description: The (14) parking space are located on Canal Street and are available by way of an existing and assignable lease. Further details available.
Total Parking Spaces: 14
Heat Type: Electricity
Air Conditioning: Other
Interior Description: 9 Restrooms 3 Stories plus finished lower level Electrical - Circuit breakers
Zoning Description: Commercial
Lot Frontage: 999999

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


Photograph of Listing Agent

Kevin Fletcher, CCIM

Malone Commercial Brokers NECPE Member
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