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590 Space Garage & 150 Permitted Units 55 Middle St

150 Unit Block of Flats £2,463,459 (£16,423/Unit) Lewiston, ME 04240

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Investment Highlights

All engineering and architectural drawings assigned to purchaser.

Executive Summary

Approved 150-unit residential development project on .70± acres with TIF/Credit Enhancement Agreement in place.
Unit mix of: 106 studio units, 22, 1-bedroom units, 22, 2-bedroom units, community fitness center, and one (1) commercial space
Six-story building consisting of 106,800± SF.
590-space parking garage on 1.25± acres.

^eOM_55 Middle & 26 Chapel Street, Lewiston

Property Facts

Price	£2,463,459	Building Class	B
Price Per Unit	£16,423	Lot Size	1.95 AC
Sale Type	Investment or Owner User	Construction Status	Proposed
No. Units	150	Building Size	106,800 SF
Property Type	Residential	Number of Floors	6
Property Subtype	Apartment Specialty Parking Garage	Year Built	2028
Apartment Style	Mid Rise	Parking Ratio	5.52/1,000 SF

Price	£2,463,459
Price Per Unit	£16,423
Sale Type	Investment or Owner User
No. Units	150
Property Type	Residential
Property Subtype	Apartment Specialty Parking Garage
Apartment Style	Mid Rise
Building Class	B
Lot Size	1.95 AC
Construction Status	Proposed
Building Size	106,800 SF
Number of Floors	6
Year Built	2028
Parking Ratio	5.52/1,000 SF

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Walk Score®

Very Walkable (80)

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PROPERTY TAXES

Parcel Number	LEWI-000206-000000-000001	Improvements Assessment	£0
Land Assessment	£114,551	Total Assessment	£114,551

PROPERTY TAXES

Parcel Number

LEWI-000206-000000-000001

Land Assessment

£114,551

Improvements Assessment

£0

Total Assessment

£114,551

Listing ID: 31890917
Date on Market: 22/05/2024
Last Updated:
Address: 55 Middle St, Lewiston, ME 04240

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55 Middle St, Lewiston, ME for sale Primary Photo- Image 1 of 5 — 55 Middle St Plans & Elevations_Page_4

55 Middle St, Lewiston, ME for sale Building Photo- Image 2 of 5 — Elevation 1

55 Middle St, Lewiston, ME for sale Building Photo- Image 3 of 5 — Aerial View_bldgs outlined

55 Middle St, Lewiston, ME for sale Building Photo- Image 4 of 5 — 20170807gp-60005

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