1176 Lisbon Street, Lewiston, ME 04240

$3,404,000
Property Type: Commercial Square Footage: 26,912 Lot Size (sq. ft.): 135,907 Status: Closed
Current Price: $3,404,000 List Date: 10/21/2021 Last Modified: 1/10/2025

Description

The Grandview Apartments consists of a 1,111± SF Cape-style, 3-bedroom home, and a 26,912± SF, 37-unit apartment complex. The property is 100% occupied and has been family owned and operated for over 40 years. Its location just off Exit 80 of the Maine Turnpike in addition to the major bus stops at each entrance to the property offers convenient and easy access for tenants. • 100% occupied value add opportunity • Family owned and operated for over 40 years with only one previous owner • Immediate access to Maine Turnpike Exit 80 • Surrounded by national/local retailers with bus stops at each entrance • Lewiston is the second largest city in Maine located halfway between Augusta and Portland.

Supplements: ********

More Information MLS# 1512713

Location Information

Book: 7870 Leased Land: No Page: 213 Map: 150 Lot: 291 Zoning Overlay: Unknown Association Y/N: No Street #: 1176 Street Name: Lisbon Street Type: Street County: Androscoggin Town: Lewiston State/Province: ME Zip Code: 04240 Zip +4: 5062 Zoning: HB Full Tax Amount $: 28624 Tax Year: 2021 Geo Lat: 44.07859 Geo Lon: -70.188442

Property Information

Primary Use: Multi Family Surveyed: Unknown Lot Size Acres +/-: 3.12 Tenancy: Multiple Tenants Total # Floors: 2 Year Built: 1967 SqFt Finished Total: 26912

Location

Bus Line: 1 Business District: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Public Transport Access: 1

Water Info

Water Frontage: No

Property Uses

Commercial: 1 Other: 1

Construction

Wood Frame: 1

Roof

Pitched: 1

Heat System

Hot Water: 1

Heat Fuel

Gas Natural: 1

Cooling

None: 1

Floors

Wood: 1

Parking

21+ Spaces: 1 On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Sold Terms Other

Arms Length: 1

Contract Information

Status: Closed Original List Price: 3199000 Sold Price: $3,404,000 Current Price: $3,404,000

Status Change Info

Pending Date: 2021-11-08 Closed Date: 2021-12-23 Closed Price: 3404000

Property Features

Location: Bus Line; Business District; Near Shopping; Near Turnpike/Interstate; Public Transport Access Construction: Wood Frame Property Uses: Commercial; Other Roof: Pitched Heat System: Hot Water Heat Fuel: Gas Natural Cooling: None Floors: Wood Parking: 21+ Spaces; On Site Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length
Listing Office: The Boulos Company
IDX
Last Updated: January - 10 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.