Mixed-Use Property with Retail
For Sale
$550,000
715 Webster Street, Lewiston, ME 04240
Combined residential and commercial layout includes service-oriented spaces, food uses, and front-and-rear parking.
Property Size11,793 SF
Price / SF$46.64
Days on Market943
Property Features for 715 Webster Street
General Information
Standard status
Active
Size
11,793 SF
Property subtype
Multi-Family
Zoning
NCA
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$8,239
Amenities
band spaces
commissary kitchens
Wall/Window Unit(s), Heat Pump
Hot Water, Forced Air, Baseboard
2
Interior, Full, Unfinished
Vinyl, Tile, Laminate, Concrete, Carpet
Yes
Upper Level
Bathtub, Shower, Storage
Block, Concrete Perimeter
Level Entry
3.00
3
Membrane, Rolled/Hot Mop, Shingle
Wood Siding, Concrete, Block, Wood Frame
Building Details
Year Built
1975
Units
2
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group
(207) 240-2613
Listed By:
Susan Dube
(207) 240-2613
Source:
Compass
Added: Jan 31, 2024
Changed: Aug 30
Last Checked: Aug 30 at 8:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens Real Estate/The Masiello Group
Investment Insights
Based on property information with market context.
This 11,793-square-foot mixed-use property combines two residential units with several ground-floor commercial components. The residential configuration includes one 1-bedroom unit and one 3-bedroom unit, while the commercial portion contains a convenience store, restaurant, and bakery. The property also includes four individual band spaces and three commissary kitchens, all currently rented.
Zoned NCA, the property is approved for additional uses including family or small home daycare, religious facilities, home occupations, single- or two-family residences, bed and breakfast operations, and accessory dwelling units under Article XII standards. The level lot provides parking at both the front and rear, with room to support the existing residential and commercial arrangement. Built in 1975, the structure offers a broad existing configuration for a mixed-use owner or operator.
Zoned NCA, the property is approved for additional uses including family or small home daycare, religious facilities, home occupations, single- or two-family residences, bed and breakfast operations, and accessory dwelling units under Article XII standards. The level lot provides parking at both the front and rear, with room to support the existing residential and commercial arrangement. Built in 1975, the structure offers a broad existing configuration for a mixed-use owner or operator.
Key Highlights
- 11,793‑square‑foot mixed‑use property with residential and commercial components
- Two residential units: one 1‑bedroom unit and one 3‑bedroom unit
- Ground‑floor convenience store, restaurant, and bakery
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined residential and commercial layout includes service-oriented spaces, food uses, and front-and-rear parking.
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: 11,793‑square‑foot mixed‑use property with residential and commercial components; Two residential units: one 1‑bedroom unit and one 3‑bedroom unit; Ground‑floor convenience store, restaurant, and bakery
