108 Pierce St

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

108 Pierce St

Lewiston, ME 04240
Asking Price
$393K
Asset Type
Retail
Class
Class B

What's Special

108 Pierce St is situated in the downtown core of Lewiston, Maine, characterized by a mix of historic architecture and high-density residential housing. The property sits within walking distance of Kennedy Park and the city’s primary municipal offices. The immediate neighborhood features a variety of local services, convenience stores, and dining establishments that serve a diverse local population. The location offers easy accessibility via public transit, with several bus stops located along the nearby arterial streets of Pine and Lisbon. Ample sidewalk infrastructure provides consistent foot traffic throughout the day. This retail space is suited for businesses focused on neighborhood-scale services, such as a convenience market, specialty grocery, or boutique retail shop. The high-density surroundings and proximity to downtown employment centers make the location appropriate for service-oriented tenants like a salon, laundromat, or dry cleaner. The typical tenant profile includes local entrepreneurs or small-scale regional operators looking to leverage the daily activity of the downtown resident base. Its street-level visibility and central positioning provide a steady environment for retailers requiring frequent customer turnover and local community engagement.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
20.34%
DSCR
3.43
Strong
Cash-on-Cash
48.00%
Monthly Payment
$1,946.23
Annual Cash Flow
$56,645.245

Location & Travel Times