Listed by The Dunham Group
Unpriced
Bates Mill #3 Complex
Details
APN 00-013324
Property Type Multifamily
Sub Type Apartment Building, Redevelopment
Square Footage 169,000
Year Built 1870
Year Renovated 2000 - 2006
Buildings 11
Stories 4
Acreage 3.570
Zoning Mill District (M)
Investment Type Redevelopment
Multifamily
Marketing description
The Dunham Group is pleased to offer for sale Mill #3 at the Bates Mill Complex in Lewiston, Maine. The Bates Mill Complex is an 11 building office park encompassing over 1 million square feet located in the heart of Lewiston’s downtown business district. Located at 140 Mill Street, the Property is a 169,000 square foot mill building - ideal for multi-family redevelopment. The property is listed on the National Register of Historic Places and is eligible for State and Federal Historic Tax Credits. A 75%, 30-year municipal TIF is available for qualifying development. See broker for details.
Investment highlights
- Acreage: 3.57
- 169,000 SF housing redevelopment opportunity
- Listed on the National Register of Historic Places
- Eligible for State and Federal Historic Tax Credits
- 75% 30 year Municipal TIF available for qualifying development
- Parking: City-controlled parking in nearby lots and garages
- Land Area: 0.97 acres
- Additional Parcel Area: 2.6 acres
- Elevator: Four 4-stop, 150 fpm, 3,000 lb hydraulic Otis elevators
Listing Contacts
Listed by The Dunham Group
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