172 Blake Street , Lewiston, ME 04240

$6,000,000
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Active
SQUARE FEET60,747 MLS#1542038
STATUSActive PROPERTY TYPECommercial - Business

Property Description

This high quality portfolio in the fastest growing Southern Maine investment market contains 58 units in 11 buildings, centrally located in the Downtown area and in close proximity to one another. Very strong rental income with historic vacancy and delinquency rates near zero. All buildings have parking; most units have had significant upgrades and some have been renovated from the studs-in. Some of the recent improvements include heating systems, plumbing, wiring, insulation, decking and cabinetry. This portfolio has been operated by an extremely hands-on owner/manager, which is evident in the care of the buildings and the tenants. Fantastic opportunity to land a large, turnkey and profitable portfolio in this up-and-coming market.Property addresses and unit counts as follows: 172-176 Blake St - 15 units, 228 East Ave - 6 units, 167 Pine St - 6 Units, 215-217 Blake St - 5 units, 809 Sabattus St - 4 units, 53 Maple St - 4 Units, 119-121 Pierce St - 3 Units + SFH, 39 Howard St - 3 units, 166 Blake St - 3 units, 174 Bartlett St - 3 units, 487 Main St - Commercial Space + 1 Residential unit

172 Blake Street | MLS# 1542038

This commercial property located at 172 Blake Street , Lewiston, ME 04240 is currently listed for sale with an asking price of $6,000,000. Search Lewiston real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Gas Natural
Heating: Baseboard, Forced Air, Hot Water
Lot Size: 2.09 Acres
Taxes: $42,370

Feature Descriptions

Flooring: Carpet, Laminate, Tile, Wood
Location: Downtown
Location: Downtown
Parking: 21+ Spaces, Off Street, On Site
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Vitalius Real Estate Group, LLC

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone:

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