715 Webster ST, Lewiston, ME 04240
715 Webster ST, Lewiston, ME 04240
715 Webster ST, Lewiston, ME 04240
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Listed by Susan Dube Better Homes & Gardens Real Estate/The Masiello Group
$550,000
Est. payment /mo
11,793 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 11,793 sqft

Price per Sqft $46

MLS Listing ID 1581679

HOA Y/N No

Year Built 1975

Tax Year 2022

Lot Size 1.240 Acres

Acres 1.24

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 11793

Property Description

INVESTMENT OPPORTUNITY! Incredible investment opportunity offering flexible multi-use space and a variety of income streams! This expansive property boasts over 11,000 square feet and is currently configured with two residential units—one 1-bedroom unit and one 3-bedroom unit—alongside a convenience store, a restaurant, and a bakery occupying the ground floor. Additional features include 4 individual band spaces and 3 functional commissary kitchens, all currently rented, making this an excellent opportunity for investors seeking immediate cash flow. Zoned for multiple permitted uses, the possibilities here are extensive. In addition to keeping the current layout, the property is approved for a family or small home daycare, religious facilities, home occupations, single or two-family residences, bed and breakfast operations, or accessory dwelling units, all in accordance with the flexible standards of Article XII. Whether you're looking for a live/work situation or a long-term income-generating portfolio piece, this property delivers. The lot is generous and offers development potential—build your dream home separately or expand the current structure to suit your needs. With parking in both the front and rear, there's plenty of room for customers, clients, or tenants. The location, size, and diverse capabilities make this an unmatched investment opportunity ready to support a variety of business ventures or residential lifestyles.

LEASE OPTION FOR BAKERY, CONVENIENCE STORE, RESTAURANT AND DINING ROOM INCLUDING COLD AND DRY STORAGE $3,000 PER MONTH PLUS UTILITIES

Also listed as MLS 1582751

Location

State ME

County Androscoggin

Zoning NCA

Direction Webster Street towards Lisbon, property will be on the right after Alfred Plourde Parkway, before the stop sign to Pond Road

Rooms

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Oil, Baseboard, Forced Air, Hot Water

Cooling Wall/Window Unit(s), Heat Pump

Flooring Carpet, Concrete, Laminate, Tile, Vinyl

Equipment Internet Access Available

Exterior

Parking Features 11 - 20 Spaces, On Site, Paved

Roof Type Membrane,Rolled/Hot Mop,Shingle

Accessibility Level Entry

Building

Lot Description Near Shopping, Near Turnpike/Interstate

Story 2

Foundation Block, Poured Concrete

Water Public

Others

Tax ID LEWI-000123-000000-000060

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715 Webster ST