3 Lowell St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3 Lowell St
0.18 Acres of Residential Land in Lewiston, ME 04240
Investment Highlights
- A premier residential development opportunity boasting a prime location in Maine's second-largest city, Lewiston
Executive Summary
The Lofts on Lowell is a premier residential development opportunity boasting a prime location in Maine's second-largest city, Lewiston, known for its rich history and vibrant community. This meticulously planned project offers an approved TIF and has been vetted for modular construction by a Maine based modular builder as an option for the developer with an estimated timeline for completion ½ that of the current pace of construction. This can help reduce the overall cost of the project and ensure units are available to the market faster.
Highlights:
• Permitted Residential Units: 172
• Total Lot Size: 0.18 Acres
• Market Rate: 100%
• Frontage: 177.75, 100 Ft on Lowell St and 77.75 Ft on Chapel St
• Address: 3 Lowell St. Lewiston ME
• Excellent Highway Access: Minutes to I-95
• Close Proximity:
o Central Maine Medical Center (CMMC)
o St. Mary’s Regional Health Center
o Bates College
o City’s Planned Riverfront Revitalization
• Approvals and Pre-Development Work Completed
• Population Growth – More than double the state pace
• Employment: 3,000+ Local Healthcare jobs
• Population: Second Largest City in Maine
• TIF - Tax Increment Financing: 55% Tax Reduction for 20 Years
• Attractive Financing Available
• Projectd IRR: 23.8%
Highlights:
• Permitted Residential Units: 172
• Total Lot Size: 0.18 Acres
• Market Rate: 100%
• Frontage: 177.75, 100 Ft on Lowell St and 77.75 Ft on Chapel St
• Address: 3 Lowell St. Lewiston ME
• Excellent Highway Access: Minutes to I-95
• Close Proximity:
o Central Maine Medical Center (CMMC)
o St. Mary’s Regional Health Center
o Bates College
o City’s Planned Riverfront Revitalization
• Approvals and Pre-Development Work Completed
• Population Growth – More than double the state pace
• Employment: 3,000+ Local Healthcare jobs
• Population: Second Largest City in Maine
• TIF - Tax Increment Financing: 55% Tax Reduction for 20 Years
• Attractive Financing Available
• Projectd IRR: 23.8%
Property Facts
| Sale Type | Investment | Property Type | Land |
| Sale Conditions | Build to Suit | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.18 AC |
| Sale Type | Investment |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.18 AC |
1 Lot Available
Lot
| Lot Size | 0.18 AC |
| Lot Size | 0.18 AC |
1 of 1
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | LEWI-000207-000000-000023 | Improvements Assessment | $0 |
| Land Assessment | $43,240 | Total Assessment | $43,240 |
PROPERTY TAXES
Parcel Number
LEWI-000207-000000-000023
Land Assessment
$43,240
Improvements Assessment
$0
Total Assessment
$43,240
zoning
| Zoning Code | CV |
| CV |
-
Matt Pouliot -
Emily Theriault -
Pouliot Real Estate
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3 Lowell St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.