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31477232
31477230

140 Mill Street - Bates Mill #3, Lewiston, ME 04240 For Sale

MC
ME DB919594
Tranzon Auction Properties
Listed by Tranzon Auction Properties
Unpriced
104 days on market
Updated 79 days ago

Lender Ordered - Landmark Renovated Mill - Lewiston, ME

Details
Property Type Retail, Special Purpose
Sub Type Historic Mill
Square Footage 169,000
Tenancy Vacant
Year Built 1870
Year Renovated 2006
Stories 4
Acreage 0.97 - 2.6
Zoning Mill District
Investment Type Redevelopment
Ground Lease No

140 Mill Street - Bates Mill #3, Lewiston, ME 04240

Marketing description

ACCEPTING OFFERS

At 169,000 square feet across four floors, Bates Mill #3 is one of the largest and most architecturally intact historic mill buildings remaining in downtown Lewiston. Built in 1870 and significantly renovated between 2000 and 2006, the building features:

• Brick exterior with granite sills and exposed timber columns throughout

• Oversized double-hung, double-paned windows bringing natural light deep into every floor

• Poured concrete slabs on all levels over wood plank sheathing and wood frame structure

• Four hydraulic Otis elevators serving all stops

• Two 1,000 KVA transformers providing 277/480V three-phase electrical service

• Variable air volume HVAC loop with individual air handlers across the finished space

• 0.97-acre parcel

• Mill District zoning served by Central Maine Power, City of Lewiston water and sewer, and fiber-optic communications infrastructure

The Bates Manufacturing Company was founded in 1850 by Benjamin Bates, who recognized the power of Lewiston Falls on the Androscoggin River as an industrial engine. The company became one of the largest textile manufacturers in New England, transforming Lewiston from a farming community into a thriving industrial city. Mill #3 was constructed in 1870 at the height of that expansion. Today, the broader Bates Mill Complex spans more than 1.2 million square feet across nine acres and hosts more than 2,000 people who live or work within its buildings with Mill #3 sitting at the center of the city-backed Riverfront Island development master plan calling for a mix of uses along the Androscoggin waterfront.

The property is listed on the National Register of Historic Places and may be eligible for both State and Federal Historic Tax Credits. Lewiston is the second-largest metropolitan area in Maine, with an MSA population of over 111,000, less than 3 miles from I-95, approximately 45 minutes from Portland, and under two and a half hours from Boston. Interested parties are encouraged to register, request the full due diligence package, and conduct their own independent review prior to bidding.

Investment highlights

  • Brick exterior with granite sills and exposed timber columns throughout
  • Oversized double-hung, double-paned windows bringing natural light deep into every floor
  • Poured concrete slabs on all levels over wood plank sheathing and wood frame structure
  • Four hydraulic Otis elevators serving all stops
  • Two 1,000 KVA transformers providing 277/480V three-phase electrical service
  • Variable air volume HVAC loop with individual air handlers across the finished space
  • 0.97-acre parcel
  • Mill District zoning served by Central Maine Power, City of Lewiston water and sewer, and fiber-optic communications infrastructure
  • Listed on the National Register of Historic Places and may be eligible for both State and Federal Historic Tax Credits
  • Second-largest metropolitan area in Maine, with an MSA population of over 111,000, less than 3 miles from I-95, approximately 45 minutes from Portland, and under two and a half hours from Boston

Listing Contacts

MC
ME DB919594
Tranzon Auction Properties
Listed by Tranzon Auction Properties

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