520 Lisbon St Lewiston, ME 04240
Downtown Lewiston NeighborhoodEstimated payment $2,127/month
Highlights
- The property is located in a historic district
- 0.69 Acre Lot
- No HOA
About This Lot
This prime commercial lot, located on Lisbon Street offers a rare investment opportunity in a high-traffic area. Spanning .69 acres across a double lot, the property is ideally positioned between the Lewiston Public Theatre and VIP Tires & Service, within the bustling Centreville District. Zoned for commercial use with the flexibility for appropriate residential development—whether mixed-use, retail, single-family, or multi-family—this property presents a variety of possibilities for future growth. Situated along the scenic Androscoggin River in the historic mill district, it's just across from the picturesque Gas Light Park. The lot is surrounded by vibrant local amenities, including popular bakeries, restaurants, Lewiston High School, Bates College, and St. Dominic Academy. With easy access to Route 95 and other community attractions, this is an exceptional opportunity to secure a high-visibility, highly trafficked location in a growing area and ideal for business ventures.
Property Details
Property Type
- Land
Year Built
- 1920
Lot Details
- 0.69 Acre Lot
- Property is zoned Commercial
Parking
- Driveway
- Paved Parking
Location
- The property is located in a historic district
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number LEWI-000197-000000-000047
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $34,026 | $1,071,000 | $321,660 | $749,340 |
| 2023 | $32,130 | $1,071,000 | $321,660 | $749,340 |
| 2022 | $30,524 | $1,071,000 | $321,660 | $749,340 |
| 2021 | $30,266 | $1,071,000 | $321,660 | $749,340 |
| 2020 | $30,706 | $1,071,000 | $321,660 | $749,340 |
| 2019 | $2,672 | $1,071,000 | $321,660 | $749,340 |
| 2018 | $2,664 | $1,071,000 | $321,660 | $749,340 |
| 2017 | $30,009 | $1,071,000 | $321,660 | $749,340 |
| 2016 | $2,514 | $1,071,000 | $321,660 | $749,340 |
| 2015 | $29,313 | $1,071,000 | $321,660 | $749,340 |
| 2014 | $28,478 | $1,071,000 | $321,660 | $749,340 |
| 2013 | $28,317 | $1,071,000 | $321,660 | $749,340 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | For Sale | $325,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $686,836 | Commercial |
Source: Maine Listings
MLS Number: 1610032
APN: LEWI-000197-000000-000047
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