13-unit Mixed Use Property

197 Lisbon St, Lewiston, ME 04240

  • For Sale $2,385,000
  • Property Type Multi-Family
  • Property Size 25,000 SF
  • Units 13
  • Lot Size 0.12 Acre
  • Year Built 1883
  • Date Updated Mar 12, 2025
Located in the heart of Downtown LewistonLuxury 13-unit mixed use property located in the heart of Downtown Lewiston.
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Highlights

  • The property was completely gutted & remodeled in 2021, featuring one (1) 4,257± SF first-floor retail/office space, six (6) one (1) bedroom, & six (6) two (2) bedroom luxury apartment units. A portion of the basement is finished and could be rented for additional income.
  • Lewiston’s commercial real estate market is experiencing robust growth, with new developments and motivated city officials working to transform the downtown area. This property offers an excellent opportunity for investors to take advantage of the city’s upward trajectory.
  • Credit Enhancement Agreement is transferable with the consent of the City Administrator, so long as the new owner maintains and operates the building in the same manner and spirit as current owner. $27,108.28 of the $100,000 maximum reimbursement has been paid as of March 2025.

Contacts

broker

The Boulos Company

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Lewiston, ME
  • Zip Code 04240
  • Market Portland ME

Points of Interest

  • Citgo

    0.33 miles

  • 7-Eleven

    0.54 miles

  • Irving

    0.68 miles

  • Mobil

    1.40 miles

  • Walmart

    1.93 miles

  • BJ’s Gas

    2.08 miles

  • Irving / Circle K

    4.89 miles

  • Chestnut Street Parking Garage

    0.19 miles

  • Lincoln Street Parking Garage

    0.19 miles

  • Park Street Parking Garage

    0.20 miles

  • Southern Gateway Parking Garage

    0.29 miles

  • Page Parking Lot

    1.05 miles

  • Merril Secondary Parking Lot

    1.08 miles

  • Merril Parking Lot

    1.20 miles

  • Whitholm Farm Plaza

    1.79 miles

  • Park and Ride

    1.96 miles

  • Thorncrag

    2.05 miles

  • Hampton

    0.24 miles

  • Hilton Garden Inn Auburn Riverwatch

    0.46 miles

  • The Munroe Inn

    0.60 miles

  • America's Best Value Inn

    1.05 miles

  • Residence Inn

    1.87 miles

  • Ramada Inn

    2.19 miles

  • JFM Homes

    5.77 miles

  • Poland Spring Resort - The Maine Inn

    8.63 miles

  • Poland Spring Resort - The Presidential Inn

    8.78 miles

  • Boba

    0.11 miles

  • Mother India

    0.11 miles

  • Fish Bones American Grill

    0.16 miles

  • Speaker's Variety

    0.19 miles

  • Lewiston House of Pizza

    0.19 miles

  • Chopsticks Restaurant

    0.19 miles

  • Sam's Tasty Pizza

    0.36 miles

  • 84 Court Pizza & Restaurant

    0.50 miles

  • Dunkin'

    0.57 miles

  • Fire House Grille

    0.58 miles

  • Husson College

    0.22 miles

  • Saint Dominic Regional High School

    0.25 miles

  • Saint Peters School

    0.25 miles

  • Franklin Alternative School

    0.53 miles

  • Rockinghorse Child Care Center

    0.57 miles

  • Great Falls Intermediate School

    0.57 miles

  • Central Maine Christian Academy

    0.67 miles

  • Lewiston High School

    0.73 miles

  • Lewiston Regional Technical Center

    0.76 miles

  • Bates College

    0.99 miles

  • Kidz Rule Preschool

    5.27 miles

Frequently Asked Questions

How much does 13-unit Mixed Use Property cost?

The space currently listed for sale at 13-unit Mixed Use Property asks for $2,385,000.

What is the total square footage of 13-unit Mixed Use Property?

13-unit Mixed Use Property totals 25,000 square feet.

When was this property built?

13-unit Mixed Use Property was built in 1883.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

The Boulos Company

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