415 Lisbon Street Unit 2, Lewiston, ME 04240
Androscoggin County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1900
Living Area
5,000 sq ft
Lot Size
0.11 acres
Zoning
CV
MLS® Listing#
1656282
Property Features
Parking
Sewer
Water Source
Financial Details
HOA
$1 / Annually
Annual Taxes
$6,720
Tax year 2025
Parcel Number
LEWI-000196-000000-000336-020293
Affordability Calculator
$210,000
Estimated monthly payment
$5,589/mo
Principal $840,000 · Est. interest $1,171,875 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lewiston, ME
- $365,753
- Median Listing Price
- 63
- Median Days on Market
- 1,877
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 165
- Active Listings
- This home’s price is 187% above the area median.
- Its price per sq ft is 20% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lewiston, ME.
Location
Points of Interest in Lewiston, ME
Showing the Lewiston area map.
Nearby Schools
Gov James B Longley Elementary School
Elementary · 0.4 mi away
Lewiston Public Schools
School · 0.5 mi away
Lewiston Regional Technology Center
School · 0.5 mi away
Auburn School
School · 0.6 mi away
Lewiston High School
Secondary · 0.6 mi away
Connors Elementary School
Elementary · 0.7 mi away
Martel Elementary School
Elementary · 0.7 mi away
Walton School
Elementary · 0.7 mi away
New England School of Metal Work
Secondary · 0.9 mi away
Central Maine Christian Academy
School · 0.9 mi away
Lewiston Middle School
Secondary · 0.9 mi away
Bates Center for Purposeful Work
School · 1.0 mi away
Edward Little High School
Secondary · 1.0 mi away
The Renaissance School
Elementary · 1.1 mi away
Farwell Elementary School
Elementary · 1.2 mi away
John F Murphy Homes
School · 1.2 mi away
Washburn School
Elementary · 1.3 mi away
Saint Bonnie Academy
School · 1.3 mi away
Fairview School
Elementary · 1.6 mi away
Park Avenue Elementary School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 16 Caldwell Circle, Lewiston, ME | $750,000 | 4 | 3 | 3,587 |
| 30 Woodhaven Drive, Lewiston, ME | $755,000 | 3 | 3 | 3,480 |
| 30 Woodhaven Drive, Lewiston, ME | $755,000 | 3 | 3 | 3,480 |
| 105 Dyer Road, Lewiston, ME | $785,000 | 3 | 3 | 2,921 |
| 105 Dyer Road, Lewiston, ME | $785,000 | 3 | 3 | 2,921 |
| 151 Horton Street, Lewiston, ME | $799,000 | — | 9 | 7,920 |
