Investment/ Medical Office Building

Office for Sale
Catylist Listing ID: 30395589
Property Subtypes: Medical
Building Size (RSF): 6,807 SF
Gross Land Area: 9.50 Acres
Sale Price: $1,495,000
Unit Price: $219.63 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Last Updated: 11/4/2019

Overview / Comments

Compass Commercial Brokers is pleased to present this exclusive listing to purchase a two tenant property with a NNN lease for Central Maine Medical Center and Gentle Dental located at 2-4 Bisbee Street (front is on Lisbon St.) in Lisbon. CMMC has 7 1/2 years remaining on the initial lease term and Gentle Dental has 10 years remaining on their lease term. The current NOI is $120,000.

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 6449
Year Built: 1996

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,684 9,009 19,886
Median Age: 37.54 39.19 41.62
Households: 1,520 3,696 8,145


Photograph of Listing Agent

Mark Sandler

Compass Commercial Brokers
NECPE Member
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