Located in the Office Residential District of Lewiston (PB)

Special Purpose for Sale
Catylist Listing ID: 30553580
Building Size (RSF): 2,931 SF
Gross Building Area: See Agent
Sale Price: $283,000
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2020

Overview / Comments

34 Orange is in the Office Residential district. Many options for commercial usage, currently used as single-family. Seller uses property as live-in rooming house with weekly leases. Past and present tenants include travelling nurses. Gorgeous property, very well maintained and ready for its next owner/chapter. HUBZone qualified (HUBZone is a company level diversity certification referring to the Historically Underutilized Business Zone program that helps small businesses located in distressed areas gain preferential access to federal procurement opportunities.) Lewiston Zoning/Land Use Code allows for Commercial services: Vet facilities excluding kennels, humane societies. Nursery school, small day care facility, day care center, business & professional offices, personal services, religious facilities, congregate care/assisted living facilities, institutions for handicapped, nursing or convalescent homes, group care facilities, medical clinics, civic & social organizations. Residential Land use; single family detached dwellings on individual residential lots, two family dwellings, multifamily in accordance w/ Article XIII (see Lewiston Zoning regs), mixed single family attached dwelling in accordance with Article XIII (see Lewiston Zoning regs), home occupations, in-law apartments. Buyers encouraged to verify Land Use regulations with City Codes Office and Planning Board.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $3,520 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: LEWI-000174-000000-000083
Zoning: OFFICE RESIDENTIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,967 48,051 60,410
Median Age: 33.94 36.79 38.43
Households: 8,066 20,392 25,534

Contact

Photograph of Listing Agent

Joseph Donald Spann

RE/MAX RIVERSIDE NECPE Member
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