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715 Webster Street, Lewiston, ME 04240

$550,000
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Featured Listing Pending
SQUARE FEET11,793 MLS#1581679
STATUSPending PROPERTY TYPECommercial - Retail

Property Description

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.LEASE OPTION FOR BAKERY, CONVENIENCE STORE, RESTAURANT AND DINING ROOM INCLUDING COLD AND DRY STORAGE $3,000 PER MONTH PLUS UTILITIES Also listed as MLS 1582751

715 Webster Street | MLS# 1581679

This commercial property located at 715 Webster Street, Lewiston, ME 04240 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $550,000. Search Lewiston real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Retail
Basement: Full, Unfinished
Basement: Yes
Cooling: Wall/Window Unit(s), Heat Pump
Heating: Oil, Baseboard, Forced Air, Hot Water
Lot Size: 1.24 Acres
Roof Type: Membrane, Rolled/Hot Mop, Shingle
Taxes: $8,239
Year Built: 1975

Feature Descriptions

Accessibilitiy: Level Entry
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Block, Concrete, Wood Siding
Flooring: Carpet, Concrete, Laminate, Tile, Vinyl
Foundation: Block, Poured Concrete
Lot: Near Shopping, Near Turnpike/Interstate
Parking: 11 - 20 Spaces, On Site, Paved
Sewer: Public Sewer
Water: Public

Listed By / Shown By

agent picture

Listed By

Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agent Name: Susan Dube
Agency Phone: (207) 240-2613

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