Well-Maintained Group Home with
New
For Sale
$549,900
2 Teakwood Knolls, Lewiston, ME 04240
COMMERCIAL - Lewiston, ME
Property Size5,776 SF
Lot Size0.42 Acres
Price / SF$95.20
Days on Market3
Property Features for 2 Teakwood Knolls
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Suburban Residential
Rooms
Basement
Parking features
Off Street
Basement
Finished, Full, Walk-Out Access, Daylight
Lot features
Near Turnpike/ Interstate, Near Shopping
Standard status
Active
Size
5,776 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10893
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Oil, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1990
Flooring type
Laminate, Tile, Carpet, Concrete, Vinyl
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Amy Landry
(207) 577-1767
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 6:06AM
MLS# 1673918
Copyright © 2026 Maine Listings. 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 well-maintained 5-bedroom group home offers a functional interior layout with multiple entrances designed for flexibility and ease of access. The property also includes newer appliances, generous living spaces, and well-sized bedrooms.
A large, finished basement with a half bath and a private entrance adds additional versatility for administrative offices, meeting space, or other professional uses, subject to local zoning and municipal approvals. On the systems side, the home has central air, a sprinkler system, and an on-demand generator, all exceptionally maintained.
Outside, a generous parking area provides space for staff, visitors, and service vehicles. The property is located in a Suburban Residential zone, in a neighborhood setting with convenient access to shopping, restaurants, medical facilities, and other in-town amenities.
A large, finished basement with a half bath and a private entrance adds additional versatility for administrative offices, meeting space, or other professional uses, subject to local zoning and municipal approvals. On the systems side, the home has central air, a sprinkler system, and an on-demand generator, all exceptionally maintained.
Outside, a generous parking area provides space for staff, visitors, and service vehicles. The property is located in a Suburban Residential zone, in a neighborhood setting with convenient access to shopping, restaurants, medical facilities, and other in-town amenities.
Key Highlights
- 5‑bedroom group home with multiple entrances and flexible layout
- Large finished basement with half bath and private entrance for versatile use
- Central air plus heating options including oil, forced air, and baseboard
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Balanced
Demand for This Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Assisted living facility - Well-maintained 5-bedroom group home with multiple entrances, finished basement with half bath, and ample parking.
Where is this assisted living facility located?
The property is located at 2 Teakwood Knolls Lewiston, ME.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 5‑bedroom group home with multiple entrances and flexible layout; Large finished basement with half bath and private entrance for versatile use; Central air plus heating options including oil, forced air, and baseboard
