1967 Lisbon Rd, Lewiston, ME 04240

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Building Details:

• Year Built: 1950

1967 Lisbon Rd is located in Lewiston, ME.

***** PRICE REDUCED $10k *****

Unique Commercial Property 2 miles east of Exit 80 on high traffic Rt 196.
** ** Approved resident at this commercial property.
Live and work on same property and reduce your overhead
Appraised in February 2011 for 550K.
Owners will finance at 6% 100K (negotiable)down 30yr term.

For SALE or LEASE
Commercial / Office/ Retail / Doctors Office
2nd Floor Executive apartment 2240 sq ft Newly built 1999 28' x 80' open concept.
Currently used as office / retail showroom for trade show displays, and living quarters for owners for past 26 years.
www.affordabledisplays.com
AVAILABLE August 2011

--------------Details ---------------------
There is a large paved parking area servicing the property.

Subject property is improved with two separate buildings.

The first building consists of 3012 +/- square foot wood frame commercial building that is currently utilized as retail/office type use. This is nicely finished with a combination of carpet and hardwood floors. The walls are painted sheetrock with a hung ceiling.

Attached to the first floor commercial space is a 1560 +/- square foot warehouse/cold storage building. This portion rests on a concrete slab and is heated.

Above the commercial/retail portion is a 2724 +/- square foot 3 bedroom, 1 1/2 bath residential living unit. This unit was built with the best of materials and workmanship, which rivals the best built homes in the area.

The kitchen and living area is open and airy with the sleeping quarters off the living area. The floors are hardwood.

Next to the commercial building is a one story wood frame commercial structure consisting of 1944 +/- square feet of light manufacturing space (current use) and 916 +/- square feet of warehouse/cold storage space.

The interior of this space is sheetrock walls and finished ceilings. The floor consists of a concrete slab.

All three portions of the property have their own 200 AMP service with separate meters.

The basement of the commercial building is currently being utilized as light manufacturing space along with storage.

The condition of the property is average to good, with the apartment rated as excellent with no repairs noted.

The immediate neighborhood consists of commercial and residential type properties and is predominately commercial type properties. Most of the properties in the immediate area appear to be properly maintained. Subject property offers average to goo curb appeal to the average commercial market.

Because the property supports both commercial and residential uses, in order to achieve an accurate current estimated Market Value, the evaluator considered the properties as if they were separate and utilized comparables sales accordingly, which in the evaluators opinion was proper and reasonable in this instance.