442 W Broadway, Lincoln, ME 04457
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
442 W Broadway,Lincoln, ME 04457
$489,000
- - Beds
- 4 Baths
- 4,596 sq. ft.
- Multi-family
- Active
Listed by: jaime gilbert
Office: nexthome experience
MLS#:1657478
Source:ME_MREIS
Price summary
- Price:$489,000
- Price per sq. ft.:$106.4
About this home
Exceptional investment opportunity with strong income potential and multiple use options. Sitting on 5.81 acres in Lincoln, Maine, this versatile property is currently configured with a thriving first-floor commercial space, and two residential units above, offering the possibility to offset expenses or generate consistent rental income. The main level is presently operated as a chiropractic office featuring multiple treatment rooms, private office, and both a full and a half bath. This space could continue as a professional setting or could be easily converted into an additional residential unit. Upstairs, you will find two updated apartments, each offering one bedroom, an open concept kitchen and living area, a full bath with laundry as well as a an attached storage room. Both units enjoy abundant natural light with an inviting atmosphere. The property also includes four storage units ready to generate additional income, along with an attached garage space ideal for vehicle, boat, or equipment storage. Behind the building is a gravel pad where a mobile home was once placed providing excellent opportunity for another mobile home or future expansion. Set on a spacious, wooded lot, the rear of the property features an old road that could be opened back up for further development or additional building lots. A large parking area provides ample space for commercial or residential use. Conveniently located near local shopping, schools and dining, this property gives you the flexibility, income potential, and room to grow making it an ideal choice for investors or owner-occupants looking to build equity while generating revenue....
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Home facts
- Year built:1970
- Listing ID #:1657478
- Updated:May 21, 2026 at 03:07 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:2
- Flooring:Carpet, Vinyl
- Bathrooms Description:Shower
- Living area:4,596 sq. ft.
Heating and cooling
- Heating:Electric, Heat Pump
Structure and exterior
- Year built:1970
- Building area:4,596 sq. ft.
- Lot area:5.81 Acres
- Lot Features:Level, Near Shopping, Near Town, Open, Wooded
- Architectural Style:Colonial
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Private Sewer
Finances and disclosures
- Price:$489,000
- Price per sq. ft.:$106.4
- Tax amount:$4,769 (2025)
Features and amenities
- Laundry features:Upper Level
Parking
- Parking description:11 - 20 Spaces, Gravel
- Garage:Yes
- Garage spaces:1
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