Lewiston Colisée

Special Purpose for Sale
Catylist Listing ID: 30873577
Property Subtypes: Sports/Entertainment
Building Size (RSF): 54,547 SF
Gross Land Area: 9.47 Acres
Sale Price: $4,900,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/21/2024

Overview / Comments

SVN the Masiello Group is pleased to offer this unique and historic 3,000 seat sports and event venue. The proposed sale includes the entirety of the real property covering over 9 acres including newly built accommodations for 50+ hockey athletes and coaches, as well as a sizable pre-engineered utility building. In addition to providing an ice surface, it can host various events such as concerts and tradeshows.

The building is currently home of the Maine Nordiques NAHL Hockey Team and the Nordiques Academy for student age elite players. The Nordiques Academy is operated under a five year lease agreement and includes five National bid charters from youth to U18 as well as revenue from events, concessions, and operating equipment.

Highlights:
- Ice hockey arena/entertainment venue with seating for 3,000
- Site of the 1965 Ali - Sonny Liston phantom punch!
- Full section video wall panels with sound throughout
- Colisée Club lounge for private events
- Full service Maineiacs bar at mezzanine level of seating
- First level cafeteria style restaurant
- North American Hockey League (NAHL) style locker rooms
- Parking for 500 vehicles
- Major improvements including dehumidifying system
- State of the art videotron with 11 camera angles

Please see the attached Offering Memorandum for more information.

Current Tenants

Tenant Business Name Shift Sports & Entertainment, LLC

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: RE00009609
Zoning: INSTITUTIONAL / OFFICE
Property Visibility: Excellent
Highway Access: Maine Turnpike (I95)
Airports: Portland International Airport, Auburn-Lewiston Municipal Airport
Site Description: The Lewiston Colisée is a highly recognized venue within the urban environment of the City of Lewiston. Both visibility and access is excellent and convenient to host large events.
Area Description: Lewiston, Maine, is a city situated in the south-central part of the state along the banks of the Androscoggin River. As the second-largest city in Maine, it forms part of the Lewiston-Auburn metropolitan area which consists of a population of approximately 61,000 people. It has historically thrived as an industrial hub known for its textile and shoe manufacturing and has a rich history in sports as recognized annually by the Auburn-Lewiston Chamber of Commerce. Today, Lewiston is well-known for its diverse population, Bates College, and landmarks such as the Colisée and the Basilica of Saints Peter and Paul. The city offers a blend of historic charm, athletic activities, vibrant arts, and outdoor recreational opportunities, reflecting both its rich heritage and dynamic present.
Total Number of Buildings: 12
Property Condition: Good
Year Built: 1959
Year Renovated: 2020
Roof Type: Arched
Construction/Siding: Block
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable, DSL
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,794 46,754 60,410
Median Age: 31.97 36.57 38.43
Households: 7,976 19,842 25,534

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