Lewiston Mixed-Use Investment
715 Webster Street, Lewiston, ME 04240
Multiple - Lewiston, ME
Property size:
11,793 SFLot size:
54,014.00 AcresPrice / SF:
$46/SF- Added:
- Feb 22, 2024
- Days on Market:
- 811
- Last Refresh:
- May 13 at 8:06 pm
Property Features for 715 Webster Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3
- Standard status
- Active
- Size
- 11,793 SF
- Lot size
- 54,014.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8239
Utilities
- Heating system
- Baseboard, Forced Air, Hot Water (Heating)
- Cooling system
- Heat Pump, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1975
- Flooring type
- Carpet, Concrete, Laminate, Tile, Vinyl
- Roof type
- Membrane, Rolled/Hot Mop, Shingle
- Architectural style
- Other
Listing agent Susan Dube (207) 782-8311
Listing office Auburn, Maine 155 Center Street Building A, Keene, ME (207) 782-8311
Listing date Feb 22, 2024
MLS# 1582751
Listing URL
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HighLights
- High Income Potential: Multiple income streams from residential units, convenience store, restaurant, and more.
- Flexible Zoning: Approved for diverse uses including residential, commercial, daycare, and religious facilities.
- Expansive Space: Over 11,000 square feet offering ample room.
- Development Potential: Generous lot size allows for building or expansion.
- Multi‑Use Configuration: Currently set up with residential units and commercial spaces, ideal for live/work or investment.
- Ample Parking: Front and rear parking available.
Overview
This expansive property in Lewiston, Maine, offers over 11,000 square feet of flexible multi-use space and diverse income streams. Currently configured with two residential units, including a 1-bedroom and a 3-bedroom unit, the property also features a convenience store, a restaurant, and a bakery on the ground floor. In addition, there are 4 individual band spaces and 3 functional commissary kitchens, all currently rented. The generous 1.239-acre lot offers development potential, allowing for the construction of a separate home or expansion of the existing structure. Parking is available in both the front and rear of the property. Zoned for multiple permitted uses, 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 Article XII standards. This property is suitable for a live/work situation or a long-term income-generating portfolio piece, supporting a variety of business ventures or residential lifestyles.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Webster Street Convenience ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.171889
- Latitude
- 44.082491
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Expansive mixed-use property with diverse income streams and development potential.
Where is this mixed-use property located?
The property is located at 715 Webster Street Lewiston, ME.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High Income Potential: Multiple income streams from residential units, convenience store, restaurant, and more.; Flexible Zoning: Approved for diverse uses including residential, commercial, daycare, and religious facilities.; Expansive Space: Over 11,000 square feet offering ample room.
