Catylist ID:
#30851556
| Catylist Listing ID: | 30851556 |
| Property Subtypes: | Street Retail, Other |
| Building Size (RSF): | 8,825 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.98 Acres |
| Sale Price: | $1,395,000 |
| Unit Price: | $158.07 PSF |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2024 |
Overview / Comments
|
884 Lisbon Street is a multi-tenanted fully leased retail investment property in Lewiston, ME. Situated on bustling Lisbon Street, located minutes from ME Turnpike I-95 and surrounded by national/local retailers and businesses, this property offers prime visibility and convenient access to a vibrant business district. Tenants include Rent-A-Center, AAA, Hometown Nutrition, and The Lunch Table, providing investors with established long-term national and regional tenants. 8,825+/- SF, multi-tenanted retail center on 0.98+/- acre Prime location along the Maine Turnpike corridor, while also neighboring nearby shopping centers, restaurants and residences Traffic count of over 18,525 vehicles per day Sale Price: $1,395,000 (7.07% Cap Rate) |
Attachments & Media
Additional Details
| Nearest MSA: | Lewiston-Auburn |
| County: | Androscoggin |
| Taxing Authority: | City of Lewiston |
| Tax ID/APN: | 01050_177/000/199 |
| Zoning: | CB |
| Retail Clientele: | General, Family, Business, Traveler, Tourist |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Lisbon Street |
| Feet of Frontage: | 145 |
| Traffic/Vehicle Count: | 185,525 |
| Highway Access: | Minutes from the Maine Turnpike |
| Airports: | Auburn/Lewiston Municipal |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 1970 |
| Roof Type: | Flat |
| Parking Type: | Surface |
| Parking Description: | Ample, on-site parking |
| Zoning Description: | CB - Community Business District |
| Lot Frontage: | 145 |
| Legal Description: | 10983/139 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 13,374 | 48,152 | 58,743 |
| Median Age: | 35.73 | 36.84 | 38.17 |
| Households: | 5,835 | 20,419 | 24,839 |
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