Mixed-Use Building with Income
Lewiston, ME 04240 Lewiston, ME 04240
Lewiston, ME, 04240
$550,000
For Sale
$550,000
COMMERCIAL - Lewiston, ME
Property Size11,793 SF
Price / SF$46.64
Days on Market897
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 11,793 SF
Building Details
- Year built
- 1975
Listing agency
Auburn, Maine
(207) 782-8311
Listed by
Susan Dube
(207) 782-8311
Added: Feb 5, 2024 Updated: Jul 20 at 4:08PM Checked: Jul 21 at 9:06AM
MLS# 1581679
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Investment Insights
Based on property information with market context.
This mixed-use property totals approximately 11,793 square feet and is currently configured with two residential units—one 1-bedroom unit and one 3-bedroom unit—above ground-floor commercial space. The ground floor includes a convenience store, a restaurant, and a bakery, alongside four individual band spaces and three functional commissary kitchens, all currently rented.
The property provides parking in both the front and rear. It is described as zoned for multiple permitted uses and approved for options including a family or small home daycare, religious facilities, home occupations, single or two-family residences, bed and breakfast operations, and accessory dwelling units, consistent with the flexible standards of Article XII.
The bakery, convenience store, and restaurant/dining room (including cold and dry storage) are available under a lease option, creating flexibility for an operator while preserving the existing income setup.
The property provides parking in both the front and rear. It is described as zoned for multiple permitted uses and approved for options including a family or small home daycare, religious facilities, home occupations, single or two-family residences, bed and breakfast operations, and accessory dwelling units, consistent with the flexible standards of Article XII.
The bakery, convenience store, and restaurant/dining room (including cold and dry storage) are available under a lease option, creating flexibility for an operator while preserving the existing income setup.
Key Highlights
- 1975‑built property with over 11,000 SF configured with 1‑bedroom and 3‑bedroom residential units plus ground‑floor convenience store, restaurant, and bakery
- Ground floor includes convenience store, restaurant, and bakery, with 3 functional commissary kitchens and 4 individual band spaces; all currently rented
- Lease option for bakery, convenience store, restaurant and dining room (including cold and dry storage) at $3,000/month plus utilities
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Multi-use building with two residential units and ground-floor convenience store, restaurant, and bakery, plus leased commissary areas.
Where is this mixed-use property located?
The property is located at 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: 1975‑built property with over 11,000 SF configured with 1‑bedroom and 3‑bedroom residential units plus ground‑floor convenience store, restaurant, and bakery; Ground floor includes convenience store, restaurant, and bakery, with 3 functional commissary kitchens and 4 individual band spaces; all currently rented; Lease option for bakery, convenience store, restaurant and dining room (including cold and dry storage) at $3,000/month plus utilities
