715 Webster Street, Lewiston, ME 04240
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Listed by:
Susan Dube(207) 782 - 8311Better Homes and Gardens Real Estate The Masiello Group
MLS#:1582751
Source:ME_MREIS
Price summary
- Price:$550,000
- Price per sq. ft.:$46.64
About this home
INVESTMENT OPPORTUNITY! Incredible investment opportunity offering flexible multi-use space and a variety of income streams! This expansive property boasts over 11,000 square feet and is currently configured with two residential units—one 1-bedroom unit and one 3-bedroom unit—alongside a convenience store, a restaurant, and a bakery occupying the ground floor. Additional features include 4 individual band spaces and 3 functional commissary kitchens, all currently rented, making this an excellent opportunity for investors seeking immediate cash flow.
Zoned for multiple permitted uses, the possibilities here are extensive. In addition to keeping the current layout, 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 the flexible standards of Article XII. Whether you're looking for a live/work situation or a long-term income-generating portfolio piece, this property delivers. The lot is generous and offers development potential—build your dream home separately or expand the current structure to suit your needs. With parking in both the front and rear, there's plenty of room for customers, clients, or tenants. The location, size, and diverse capabilities make this an unmatched investment opportunity ready to support a variety of business ventures or residential lifestyles. Also listed as Commercial MLS #1581679
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Home facts
- Year built:1975
- Listing ID #:1582751
- Updated:November 11, 2025 at 02:26 PM
Rooms and interior
- Full bathrooms:3
- Living area:11,793 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Hot Water
Structure and exterior
- Year built:1975
- Building area:11,793 sq. ft.
- Lot area:1.24 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$46.64
- Tax amount:$8,239 (2022)
MREIS Multiple Listing Service™ system
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights ReservedNew listings near 715 Webster Street
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