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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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415 Lisbon St , Lewiston, ME 04240
$1,050,000
Est. Payment: $2,333.33/mo
0 Bed
0 Bath
5000 Sqft
Status: Active | Days on site: 139
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3077 - 023796
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by Charles Hippler IV , 207-530-2708 CORE , 207-210-5677.

Property Type

Commercial Sale
Lot/Acreage
0.11

HOA Fee

1 Annually

Year Built

1900

County

Androscoggin

Listing ID

1656282

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:Business District,Downtown
Zoning:CV
Sewer:Public Sewer
Parking Features:Off Site,Paved,Parking Garage
Principal Interest
$2,333
Taxes
$560
HOA
$1

Home Price

$1,050,000

Loan Details

30 yrs
%

Down Payment

20%
$210,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,333.33

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,333.33 $560.00 $1.00 $2,894.33
Yearly $28,000.00 $6,720.00 $12.00 $34,732.00
Total $840,000.00 $201,600.00 $360.00 $1,041,960.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lewiston, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.