Lewiston
$1,050,000
415 Lisbon Street
mls: 1656282
Bathrooms: 0
Year Built: 1900
Sq Footage: 5,000
Lot Size: 0.11
Taxes: $6,720
Status: Active

CORE is pleased to present Units 2 & 3 at 415 Lisbon Street in Lewiston, Maine. The subject is a stabilized office investment opportunity offered at an 8.

Listed by: CORE

CORE is pleased to present Units 2 & 3 at 415 Lisbon Street in Lewiston, Maine. The subject is a stabilized office investment opportunity offered at an 8.0% capitalization rate with a current NOI of $83,762. The units being offered for sale occupy a portion of The Business Service Center, a historically significant Lisbon Street landmark and one of Lewiston's premier Class A office addresses. The building, formerly home to Maine Business Supply Company, has been repositioned as a professional office destination serving the region's top-tier commercial tenants. Units 2 & 3 are fully leased to three creditworthy tenants: Merrill Lynch, Haley Ward, and Canusa Corporation, providing an investor with immediate, in-place income backed by established occupants. At $1,050,000, this offering represents a compelling entry point into Lewiston's Class A office market with day-one cash flow and a tenancy profile that speaks to the quality of the asset.

Listed by: CORE

Accessibility Features
Appliances
Architectural Style
Association Fee
1.00
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
5000.00
Construction Materials
Cooling
Electric
Exterior Features
Flooring
Foundation Details
Green Energy Efficient
Heating
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
0.1100
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Sewer
Public Sewer
Tax Annual Amount
6720.00
Utilities
Water Source
Public
Year Built
1900
Zoning
CV