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395 Sabattus St 3,264 SF Vacant Retail Building Lewiston, ME 04240 $375,000 ($114.89/SF) 9.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Road Visibility with high traffic counts
- Completely Renovated inside and out
- Convenient off-street parking
- New LED Lighting throughout
EXECUTIVE SUMMARY
Lease both floors, occupy one and rent the other, or take full advantage of both levels—the choice is yours. This versatile building is ready to support whatever vision you bring to it. Freshly updated inside and out, it now features new exterior paint—including windows and doors—and a brand-new roof completed in October 2025. Inside, you'll find a reimagined first-floor layout, updated flooring, modern paint, and energy-efficient LED lighting throughout. The boiler is only 4 years old and has been well maintained, offering you a worry-free start. With excellent road visibility, high traffic counts, and convenient off-street parking, this is a prime location to launch or expand your business. Zoned for professional services, it's ideal for office, studio, counseling or medical services. Most of the stylish white furniture on the first floor conveys with the property, making it even easier to move in and get to work. Energy-efficient systems and modern updates make for low maintenance and lower overhead—so you can focus on growth, not repairs. Take advantage of the branding potential and start making your business seen and successful.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
3,264 SF
Building Class
B
Year Built/Renovated
1988/2023
Price
$375,000
Price Per SF
$114.89
Cap Rate
9.35%
NOI
$35,063
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.75
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
CB
AMENITIES
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | LEWI-000174-000000-000187 | Improvements Assessment | $130,400 |
| Land Assessment | $37,100 | Total Assessment | $167,500 |
PROPERTY TAXES
Parcel Number
LEWI-000174-000000-000187
Land Assessment
$37,100
Improvements Assessment
$130,400
Total Assessment
$167,500
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395 Sabattus St
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