Downtown Restaurant Condo- Price Reduced

Retail-Commercial for Sale
Catylist Listing ID: 30836882
Property Subtypes: Restaurant
Building Size (RSF): 4,692 SF
Gross Building Area: See Agent
Sale Price: $399,900
Unit Price: $85.23 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2023

Overview / Comments

- 4,692+/- SF street-level commercial condominium built-out as a turn-key restaurant with an
additional 4,500+/- SF of basement space
- Premium signage available and inviting windows along the Street 130 seating capacity between main seating area and function room. Plus, outdoor dining available
- 30' bar, tables, chairs, TV's, kitchen equipment, walk-in food and draft system coolers, and more.
- Located near Main Street, CMHC, TD Bank, and other major employers in downtown Lewiston
- Lease Rate: $15.00/SF NNN
- Sale Price: $399,900 plus FF&E

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $8,071 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 01050_207/000/123
Zoning: CENTREVILLE DOWNTOWN
Tenancy: Single Tenant
Number of Stories: 2
Property Condition: Excellent
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 1
Water Service: Municipal
Sewer Type: Municipal

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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

Timothy J. Millett, CCIM

Porta & Company NECPE Member
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