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Listed by Keller Williams Realty
$695,000
14,310 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Office
Listing Status Active
Square Footage 14,310 sqft
MLS Listing ID 1635570
HOA Y/N No
Year Built 1929
Annual Tax Amount $9,833
Tax Year 2024
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Office
Source Maine Listings
Land Area 14310
Property Description
Located in downtown Lewiston at 177-183 Main Street, this property offers an investment opportunity with steady cash flow and a solid cap rate. It has visible frontage on Main Street that draws consistent vehicle and pedestrian traffic, suitable for a range of professional tenants.
The property is stabilized with several leases in place which provides reliable income and value. The building features amazing architectural design and a central location that support both immediate cash flow and potential future appreciation as Lewiston's downtown continues to develop.
This property is suitable for investors or an owner user that needs office space as it provides a stable, income-generating asset in a growing community with great visibility and potential.
The property is stabilized with several leases in place which provides reliable income and value. The building features amazing architectural design and a central location that support both immediate cash flow and potential future appreciation as Lewiston's downtown continues to develop.
This property is suitable for investors or an owner user that needs office space as it provides a stable, income-generating asset in a growing community with great visibility and potential.
Location
State ME
County Androscoggin
Zoning CV
Rooms
Basement Full, Unfinished
Interior
Heating Steam, Radiator, Heat Pump
Cooling Heat Pump
Exterior
Parking Features 1 - 4 Spaces
Utilities Available 1
View Y/N No
Roof Type Flat,Membrane
Building
Lot Description Downtown, Business District, Bus Line
Story 2
Foundation Granite, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Block
Others
Energy Description Gas Natural
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