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884 Lisbon St

8,825 SF 100% Leased Retail Building Lewiston, ME 04240 £1,091,518 (£124/SF) 7.07% Net Initial Yield

Executive Summary

884 Lisbon Street is a multi-tenanted fully leased retail investment property in Lewiston, ME. Situated on bustling Lisbon Street, located minutes from ME Turnpike I-95 and surrounded by national/local retailers and businesses, this property offers prime visibility and convenient access to a vibrant business district. Tenants include Rent-A-Center, AAA, Hometown Nutrition, and The Lunch Table, providing investors with established long-term national and regional tenants.
8,825± SF, multi-tenanted retail center on 0.98± acre
Prime location along the Maine Turnpike corridor, while also neighboring nearby shopping centers, restaurants and residences
Traffic count of over 18,525 vehicles per day
Sale Price: $1,395,000 (7.07% Cap Rate)

Attachments

eOM_884 Lisbon St, Lewiston

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,825 SF
Building Class
C
Year Built
1970
Price
£1,091,518
Price Per SF
£124
Net Initial Yield
7.07%
NOI
£77,170
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Lot Size
0.98 AC
Zoning
CB - Commercial Business District
Frontage
147 ft on Lisbon St

Amenities

  • Pylon Sign
1 of 1
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Camden National Bank
Rent-a-center
Shaw's
D'angelo Grilled Sandwiches
KeyBank
TD Bank
Amato's
Governor's
(207) 544-4100

Contact

  • Listing ID: 29180486

  • Date on Market: 03/08/2023

  • Last Updated:

  • Address: 884 Lisbon St, Lewiston, ME 04240

The Retail Property at 884 Lisbon St, Lewiston, ME 04240 is currently available for sale. Contact The Boulos Company for more information.

Nearby Listings

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© 2024 CoStar Group

884 Lisbon St
(207) 544-4100 x

884 Lisbon St

Noah Stebbins

(207) 544-4100

(207) 544-4100

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