Address
1065 Sabattus Street Street Lewiston, ME
Price
$ 350,000
Property Attributes
  • MLS#1483108
  • TypeCommercial
  • CountyANDROSCOGGIN
  • CityLewiston
  • Zip04240
  • StyleBar/Tavern/Lounge,Child Care,Church,Commercial,Con
  • Year Built1949
  • Taxes5000
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2744
  • Lot Size0.41 Acres
Listing Provided Courtesy Of:
The Dot Fernald Team, Inc.
Data Source:
Maine Listings
Property Description

Commercial Property with so many possibilities! Highly travelled corner lot with a traffic light. Perfect building for any types of offices, bar, restaurant, day care, adult care, use to be a ranch house with a store, a bar & grill, and a retail store. The Ranch house could be converted back to residential and someone could have a business in the other section. The rubber roof was replaced on the older section in 2018, and the front part of the newer section was replaced in 2015. Code of Lewiston communicated to owner that a retail marijuana store could be opened at the subject property as long as it was 300' from the 1st zoned residential property that is located at 295 Pond Rd. He said that the entrance door of the store had to be 300' from a residential property, and it looked like it qualified from the measurement showing on the town map. Major Renovations that cost $86,495.00 were completed between 2017 and 2019. The property has a triple net lease that will expire on October 1, 2022, and the Lessee has agreed that if the buyer wants to occupy the building that they would agree to vacate with some advance noticed. If not, they will stay till the end of the lease, and they have the option to extend the lease for 3 more years.

General Features

Construction Wood Frame
Cooling Heat Pump
Electric Circuit Breakers
Gas Y/N Natural - On Site
Location Business District, Near Turnpike/Interstate, Public Transport Access
Parking 21+ Spaces, On Site, Paved
Primary Use General Commercial
Property Type D
Property Uses Bar/Tavern/Lounge, Child Care, Church, Commercial, Convenience Store, Medical, Neighborhood Center, Office Building, Other, Restaurant, Retail, Special Purpose
Roof Flat, Membrane, Pitched, Shingle
Sewer Public Sewer
Status Active
Tax Year 19-20
Water Public
Zoning Commercial

Interior Features

Basement Crawl Space, Full, Sump Pump, Unfinished
Heating Fuel Gas Natural
Heating System Heat Pump, Other

Exterior Features

Building Features Loading Docks 1 - 4
Exterior Vinyl Siding
Foundation Materials Poured Concrete
Road Frontage +/- 150.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 04240

Statistics provided by Inside Real Estate

Price
AVG $530K
$350K
Taxes
AVG $8,485
$5,000
Visits
AVG 7
2
Year Built
AVG 1928
1949
Walkscore
AVG 61
27
Data Provided by Walkscore ® not using MLS data

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