Huge news for Lewiston residents and beyond.

It has been announced by the Sun Journal that the beautifully gold-tinted windowed, 36,000-square-foot Androscoggin Bank is listed for sale for a whopping $1.3 million dollars.

Located at 30 Lisbon Street the CEO said if it’s sold, the bank branch would remain through a lease.

As reported, this is all a part of consolidating the space throughout the years following COVID.

Google Maps
Google Maps
loading...

Neil Kiely is the CEO of Androscoggin Bank, and according to the Sun Journal, he announced Wednesday that the company is “entertaining options” for streamlining or consolidating its office space in Lewiston.

This includes the possibility of selling the 36,000-square-foot building. This is a massive and significant property.

The Dunham Group, the realtors handling the sale of the bank, said it has a large paved parking lot, a 6,864 square-foot heated underground garage with direct building access, and a drive-up ATM on Park Street.

Neil said the bank gave its employees a flexible work program to work remotely. There are two locations in Lewiston and Lisbon Falls, including office space at the Bates Mill complex. They are now looking to streamline and bring in-person employees together.

You may be confused because they want to sell the building but also remain there. This means that if the building gets sold, they would rent space from the new owner and stay.

Neil said according to the SJ,

 “The important message is Lewiston is the heart of the bank, our community, and we’re committed to Lewiston,”

The sale is part of a larger trend of less of a demand for commercial office space, with more interest in converting buildings into housing.

25 Must-Visit Spots for First-Time Visitors to Maine

Here are 25 excellent places to explore if you're a first-time visitor to Maine and want to fully immerse yourself in the experience.

Gallery Credit: Lizzy Snyder

These Are the 25 Largest High Schools in Maine

Gallery Credit: Jeff Parsons