457 Old Lewiston Rd, Winthrop, ME 04364

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Listing courtesy of Sprague & Curtis Real Estate. jim@spragueandcurtis.com

Selling Office: Sprague & Curtis Real Estate.

Sold Price
$999,000
List Price
$999,900
Closing Date
Jul 30, 2026
MLS#
1646929
Status
CLOSED
Type
Commercial
City
Winthrop
County
Kennebec
Living Area
13,718
Lot Size
230,868
Year Built
1968

Property Description

Here is an excellent investment opportunity, a large multi-use building that has many potential uses and a nice lot size of 5.3 acres with good road frontage, ample parking and offers good expansion opportunities! Nice area, quiet and somewhat rural, close to both Augusta and Lewiston, nice grounds and garden areas. The building has over 13,000 SF of area,(with much more available space in the basement) many individual rooms and baths, a nice entry/reception area, nurses stations and multiple offices are spread around the building, a very spacious and sunny two room dining area with lots of seating capacity and 2 fire places, there is also a beauty salon. The building is very spacious with 2 levels and an elevator, (the elevator also goes down to the basement) BBHW heat along with some heat pumps, and vinyl windows. The full basement offers plenty of usable space with a laundry, kitchen, various staff offices, storage, etc., a propane generator system, a sprinkler system, city water and sewer, ramps on the outside, plenty of parking with about 60 or so spaces, (possibly more) there are 2 parking areas - one in front of the building and the other out back. A section of the building was flooded and has been remediated. Formally a 52-bed assisted living and rehabilitation center. A good candidate for redevelopment, for an apartment building, a living facility, etc., and more. Much good potential here. Some seller bridge financing may be available to qualified buyers. Call for more info.

Additional Information

Living Area
13,718
Electric
Circuit Breakers
Water
Public
Basement
Full, Unfinished
Cooling
Heat Pump
Year Built
1968
Acres
5.30
Roof
Shingle
Foundation
Block, Granite, Other, Poured Concrete, Brick/Mortar
Stories
2
Courtesy Of Listing Office
Sprague & Curtis Real Estate
Courtesy Of Selling Office
Sprague & Curtis Real Estate

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Contact: jim@spragueandcurtis.com