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Duplex with Ground-Floor Retail
For Sale
$550,000

715 Webster Street, Lewiston, ME 04240

MULTI_FAMILY - Lewiston, ME

Property Size11,793 SF
Price / SF$46.64
Days on Market902

Property Features for 715 Webster Street

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bathrooms 3
Full bathrooms 3
Elementary school district Lewiston Public Schools
Middle school district Lewiston Public Schools
High school district Lewiston Public Schools
Standard status Active
Size 11,793 SF

Amenities

band spaces
commissary kitchens
parking front and rear

Building Details

Year built 1975
Listing Agency: Auburn, Maine · Better Homes and Gardens Real Estate
Listed By: Susan Dube
Added: Feb 22, 2024 Changed: Aug 6 Last Checked: Aug 12 at 9:06AM
MLS# 1582751

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex-style investment property is configured with two residential units: one 1-bedroom unit and one 3-bedroom unit. The ground floor includes space for a convenience store, a restaurant, and a bakery.

In addition, the property features 4 individual band spaces and 3 functional commissary kitchens, all currently rented. On-site parking is available in both the front and rear.

Built in 1975, the property is zoned for multiple permitted uses and is approved for a family or small home daycare, religious facilities, home occupations, single or two-family residences, bed and breakfast operations, and accessory dwelling units, all in accordance with Article XII. The lot is described as generous and offers development potential, including the possibility to build a separate home or expand the current structure.

Key Highlights

  • 11,793 SF duplex‑style property with two residential units
  • One 1‑bedroom unit and one 3‑bedroom unit
  • Ground floor includes a convenience store, restaurant, and bakery

Property Analytics

Current Use

Webster Street Convenience ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby

Demographics for 04240, ME

37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex-style building with two residential units and ground-floor convenience store, restaurant, and bakery space.
Where is this duplex 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: 11,793 SF duplex‑style property with two residential units; One 1‑bedroom unit and one 3‑bedroom unit; Ground floor includes a convenience store, restaurant, and bakery
More about this property
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