Lewiston, ME 04240,88 Russell ST
Lewiston, ME 04240,88 Russell ST
Lewiston, ME 04240,88 Russell ST
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Craig Priestly

Craig Priestly

+1(207) 387-5416
Listed by Keller Williams Realty
$589,900
5,393 SqFt
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UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 5,393 sqft

MLS Listing ID 1630508

HOA Y/N No

Year Built 1900

Annual Tax Amount $5,337

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 5393

Property Description

Prime Investment Opportunity - 4-Unit Multi-Family + Convenience Store Near Bates College. Exceptional location just steps from Bates College! This mixed-use property features four residential units plus an on-site convenience store—perfectly positioned to serve the high-demand student and local market. Income Potential: Rents are currently below market, offering immediate upside for investors. Flexible Use: Ideal for a value-add rehab to maximize rental income—or move-in ready for owner-occupants or tenants. High Visibility: Located in a walkable neighborhood with consistent foot traffic from the college community. Student Appeal: Tap into steady demand from Bates College students, faculty, and staff. Whether you're looking to renovate for increased returns or take advantage of strong existing cash flow, this property is a rare find with unlimited potential.

Location

State ME

County Androscoggin

Zoning NCA

Rooms

Basement Full, Unfinished

Interior

Heating Direct Vent Furnace

Cooling None

Flooring Vinyl, Laminate, Carpet

Exterior

Parking Features 1 - 4 Spaces, On Street

View Y/N No

Roof Type Shingle

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Aluminum Siding,Wood Frame

Others

Energy Description Gas Natural

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Maine MLS (MREIS) IDX
SCHOOLSPROPERTIES
Elementary Schools 15
  • 7

    Park Avenue Elementary School

    Public | PK - 6

  • 6

    Fairview School

    Public | PK - 6

  • 5

    Washburn School

    Public | PK - 6

  • 5

    Sherwood Heights Elementary School

    Public | PK - 6

  • 5

    Walton School

    Public | PK - 6

  • 5

    Farwell Elementary School

    Public | KG - 6

  • 3

    Martel School

    Public | KG - 6

  • 2

    Thomas J Mcmahon Elementary School

    Public | PK - 6

  • 1

    Raymond A. Geiger Elementary School

    Public | PK - 6

  • 1

    Montello School

    Public | PK - 6

  • 0

    The Renaissance School

    Private | 3 - 8

  • 0

    Margaret Murphy Center for Children-Charles

    Private | 1 - 6

  • 0

    East Auburn Community School

    Public | PK - 6

  • 0

    Governor James B Longley Elementary School

    Public | PK - 6

  • 0

    Spurwink School-Lewiston

    Private | 4 - 12

Middle Schools 3
  • 1

    Lewiston Middle School

    Public | 7 - 8

  • 0

    Androscoggin Learning & Transition Center

    Private | 7 - 12

  • 0

    Margaret Murphy Center for Children-Main

    Private | 7 - 12

High Schools 3
  • 1

    Edward Little High School

    Public | 9 - 12

  • 0

    Lewiston Regional Technology Center

    Public | 9 - 12

  • 0

    Lewiston High School

    Public | 9 - 12

School and business data provided by Attom Data.

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88 Russell ST