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Commercial Property For Sale

!Worumbo Mill Lisbon Falls!, LISBON FALLS, Maine

Category Assignment: (click for others)  Health Care, Office, Residential Income, Retail, Special Purpose

Worumbo Mill Lisbon Falls!

The Worumbo Mill is a historic mill on the banks of the Androscoggin River in Lisbon Falls, Maine. Built in 1920 and added to the National Historic Register in 1973, the Worumbo Mill is a three story building with 76,440 SF above grade and a 25,480 SF full basement on approximately 5.75 acres of land which is zoned for commercial use. With potential eligibility for the Maine Historic Preservation Tax Credit, as well as a Military Redevelopment Zone (MRZ), which offers qualified businesses engaged in Financial Services, Manufacturing and Seven Targeted Technology Sectors, a number of tax incentives and Tax Increment Financing (TIF) dollars, not to mention easy access to all points in Maine and beyond and the opportunity for freight rail service, this property provides an excellent redevelopment opportunity.

In Lisbon Falls, turn onto Canal Street at the intersection of ME-196 W/Lewiston Rd and Canal; the property is on your right.

Grantor will require a deeded ROW for access to the hydro plant!

Call Don Spann at RE/MAX Riverside 207 319-7815 or email him at donspann@remax.net for more information.

For more information regarding MRZ follow the link below:

http://www.maine.gov/decd/mainebiz/pine_tree_zones/index.shtml


Built in 1920 and added to the National Historic Register in 1973, the Worumbo Mill is a three story building with 76,440 SF above grade and a 25,480 SF full basement on approximately 5.75 acres of land which is zoned for commercial use. The potential exists for Maine Historic Preservation Tax Credit, Military Redevelopment Zone (MRZ) and Tax Increment Financing (TIF) dollars for redevelopment.

Price: $899,000
Year Built: 1920
Bldg Size: 76,440 SF
Lot Size: 5.75 +/- Acres

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