Property Description

Opportunity awaits in the heart of Lisbon Falls. 671 Lisbon Street offers approximately 5,760 SF on the main level plus an additional ±1,200 SF of newly created attic space suitable for future office or residential use. The building has been fully gutted to the studs; old flooring, concrete sections, and the former bowling lanes have all been removed; providing a clean shell for your renovation vision. All heat and plumbing have been removed, and electrical service can be reactivated with CMP at any time. Public water and sewer are on site. A new roof and attic structure have been added, and the back wall has been rebuilt, giving the next owner a strong structural starting point.Situated in Lisbon's Village (V) Zone, the property offers a wide range of potential uses (buyer to verify): recreation facility, single-family or two-family dwelling, multifamily, cluster development, office, nursery school, medical office, retail store, hotel/motel, beauty/barber, auto sales, service station, bakery/food shop, bowling alley, dance hall, theater, funeral home, gymnasium, self-storage, laundry/dry cleaning, and more. Average daily traffic count approx. 15,000. On-site parking for ±25 vehicles.This is an excellent opportunity for investors completing a 1031 exchange before year-end, builders seeking a winter project, or anyone looking to take advantage of Lisbon Falls' vibrant growth corridor. Bring your plans and be part of the continued revitalization of downtown Lisbon Falls.

Property Features