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    715 Webster St Lewiston, ME 04240

    Sponsored
    For Sale
    $550,000

    Multiple - Lewiston, ME

    Property size:
    11,793 SF
    Lot size:
    54,014.00 Acres
    Days on Market:
    41
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 715 Webster St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    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# 1582751 Listing URL

    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.

    Overview

    Lewiston Mixed-Use Investment Opportunity

    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 ... 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 mixed-use 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: - 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.
    (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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