1176 Lisbon Street, Lewiston, ME 04240 (MLS# 1512713)
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
Street #: 1176
Street Name: Lisbon
Street Type: Street
County: Androscoggin
Town: Lewiston
State/Province: ME
Zip Code: 04240
Zip +4: 5062
Leased Land: No
Book: 7870
Page: 213
Map: 150
Lot: 291
Zoning: HB
Zoning Overlay: Unknown
Full Tax Amount $: 28624
Tax Year: 2021
Association Y/N: No
Geo Lat: 44.07859
Geo Lon: -70.188442
Contract Information
Status: Closed
Original List Price: 3199000
Sold Price: $3,404,000
Current Price: $3,404,000
Property Information
Primary Use: Multi Family
Surveyed: Unknown
Year Built: 1967
Tenancy: Multiple Tenants
Total # Floors: 2
SqFt Finished Total: 26912
Lot Size Acres +/-: 3.12
Status Change Info
Pending Date: 2021-11-08
Closed Date: 2021-12-23
Closed Price: 3404000
Water Info
Water Frontage: No
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
Property Disclosure Public Access ›Listing Office: The Boulos Company
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.
