Bates Mill #3 Complex, Lewiston

Office for Sale
Catylist Listing ID: 30860516
Property Subtypes: Business Park, Mixed Use, Office Building
Building Size (RSF): 169,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.57 Acres
Sale Price: $1
Unit Price: $0 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Bates Mill #3
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/29/2024

Overview / Comments

The Dunham Group is pleased to offer for sale the TD Bank building at the Bates Mill Complex in Lewiston, Maine. The Bates Mill Complex is an 11 building office park encompassing over 1 million square feet located in the heart of Lewiston’s downtown business district. Located at 140 Mill Street, the Property is a 169,000 square foot mill building that was redeveloped into office space, 100% NNN leased to TD Bank, N.A. TD’s lease offers cash flow backed by an institutional quality tenant with a stellar credit rating (S&P: AA-).

The Property is being offered as-is, and without an asking price.

Current Tenants

Tenant Business Name TD Bank
Is Renting? Yes
SF of Space Occupied 169,000 SF
Lease Expiration 10/0025

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 01050_208/000/055
Zoning: MILL DISTRICT
Year Built: 1870
Year Renovated: 2006
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,914 46,552 59,530
Median Age: 32.91 36.65 38.35
Households: 8,492 19,844 25,186

Contact

Photograph of Listing Agent

Frank O'Connor

The Dunham Group NECPE Member
Photograph of Listing Agent

Samuel LeGeyt

The Dunham Group NECPE Member
Photograph of Listing Agent

James D. Harnden

The Dunham Group NECPE Member
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