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1/12

Lewiston, ME 04240
Asking Price
$450K
Asset Type
Retail
Class
Class B

What's Special

Located at 1/12 in Lewiston, Maine, this retail property is situated within a high-traffic corridor characterized by a mix of established local businesses and residential pockets. The neighborhood offers proximity to downtown amenities, including municipal offices, medical facilities, and diverse dining options. Access to the site is supported by the local public transit network and established road infrastructure, providing connectivity to the greater Androscoggin County area and nearby Interstate 95. The asset's layout and central positioning make it suitable for a variety of commercial uses, including boutique retail, professional service offices, or specialized consumer showrooms. Ideal tenants typically include service-oriented businesses, convenience retailers, or local startups seeking visibility within an active community hub. The surrounding demographic supports businesses that cater to both daily commuters and the immediate residential population.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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