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    715 Webster St Lewiston, ME 04240

    For Sale
    $550,000

    Business - Lewiston, ME

    Type:Business
    Property size:
    11,793 SF
    Lot size:
    54,014.00 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 715 Webster St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Size
    11,793 SF
    Lot size
    54,014.00 Acres

    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

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Susan Dube (207) 782-8311

    Listing date Nov 27, 2025

    MLS# 1581679 Listing URL

    Copyright © 2025 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.

    Overview

    Multi-Use Investment Opportunity in Lewiston

    This expansive property in Lewiston, Maine, presents an investment opportunity with flexible multi-use space and a variety of income streams. The property, boasting over 11,000 square feet, is currently configured with two residential units, including one 1-bedroom unit and one 3-bedroom unit. The ground floor is occupied by a convenience store, a restaurant, and a bakery. Additional features include 4 individual band spaces and 3 functional commissary kitchens, all currently rented. The property is zoned for multiple permitted uses, including a family or small home daycare, religious facilities, home occupations, single or two-family residences, bed and breakfast operations, or accessory dwelling units. The lot size is generous, offering development potential to build a dream home separately or expand the current structure. Parking is available in both the front and rear of the property. The property is located in Lewiston, ME 04240, Androscoggin County. The lot size is approximately 1.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Webster Street Convenience ... American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.171889
    Latitude
    44.082491

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    FAQs

    What type of property is this?
    Mixed-use property - Expansive property with diverse income streams and development potential.
    Where is this mixed-use property located?
    The property is located at 715 Webster St 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: - Diverse Income Streams: Featuring residential units, a convenience store, restaurant, bakery, band spaces, and commissary kitchens, all currently rented.; - High Square Footage: Expansive property boasts over 11,000 square feet.; - Flexible Zoning: Zoned for multiple permitted uses including residential, daycare, religious facilities, and business operations.
    (207) 782-8311
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    715 Webster St Lewiston, ME 04240
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    Lewiston, ME 04240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 Webster St Lewiston, ME 04240
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