Mixed Use Investment Portfolio | 500 Canal St
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Mixed Use Investment Portfolio 500 Canal St
28,600 SF 75% Leased 4-Star Office Building Lewiston, ME 04240 $3,830,400 ($134/SF)
Executive Summary
A tremendous opportunity to acquire a prime investment portfolio in Maine’s second largest MSA. This portfolio features stabilized revenue from leased office space, parking and a ground lease, while also offering incredible upside potential. The cornerstone building of the Lewiston Gateway is a 28,000± SF 4-story brick building. Additionally, the portfolio includes land leased to the City of Lewiston improved by a parking garage, and a 0.61± acre parking lot that can be redeveloped.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
28,600 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2004
Price
$3,830,400
Price Per SF
$134
Percent Leased
75%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,864 SF
Building FAR
1.82
Land Acres
0.36 AC
Zoning
CV - Centreville
Amenities
- Security System
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | LEWI-000196-000000-000009 | Improvements Assessment | $2,304,840 |
| Land Assessment | $159,160 | Total Assessment | $2,464,000 |
PROPERTY TAXES
Parcel Number
LEWI-000196-000000-000009
Land Assessment
$159,160
Improvements Assessment
$2,304,840
Total Assessment
$2,464,000
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Noah Stebbins -
Cameron Foster -
The Boulos Company
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Mixed Use Investment Portfolio | 500 Canal St
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