Parkway Complex

Office for Sale
Catylist Listing ID: 30818936
Property Subtypes: Business Park, Mixed Use, Office Building
Building Size (RSF): 69,383 SF
Gross Building Area: See Agent
Gross Land Area: 2.68 SF
Sale Price: $3,600,000
Unit Price: $51.89 PSF
Property Use Type: Net Leased Investment (NNN), Business
Class of Space: Class B
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2022

Overview / Comments

This exceptional 5-lot multiple building block positioned at a 4 way traffic light intersection, with easy access to exit I-95 the Maine Turnpike, situated on route 196 the commuter corridor to Lewiston Auburn. The buildings consist of retail, office, and industrial space with a variety of tenants and ample parking. This rare investment opportunity with under market rents and redevelopment potential is situated on 2.8 acres, and has 70,000 sq. ft. of building space, 775 +/- ft of road frontage is on Westminster Street and 160 +/- ft of frontage on Lisbon Street (Rt 196).  Part of this exclusive opportunity is a single-tenant, net-leased Chickadee Restaurant, located at 1472 Lisbon Street. The property offers excellent visibility, ample parking, less than .5 miles from I-95 exit 80.

Attachments & Media

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 01050_124/000/051
Zoning: COMMERCIAL
Highway Access: I-95 Exit 80 less than .5 miles away.
Total Number of Buildings: 5
Year Built: 1967
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,739 38,771 62,201
Median Age: 42.14 36.64 38.24
Households: 1,185 16,693 26,268

Contact

Photograph of Listing Agent

David Costello

RockWater Group / KW Commercial
NECPE Member
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