715 Webster St, Lewiston, ME 04240
- $540,000
- 11,793
- SqFt
Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group.
Selling Office: Better Homes & Gardens Real Estate/The Masiello Group.- Sold Price
- $540,000
- List Price
- $550,000
- Closing Date
- Sep 03, 2026
- MLS#
- 1581679
- Status
- CLOSED
- Type
- Commercial
- City
- Lewiston
- County
- Androscoggin
- Living Area
- 11,793
- Lot Size
- 54,014
- Year Built
- 1975
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
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Additional Information
- Living Area
- 11,793
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Full, Unfinished
- Cooling
- Window/Wall, Heat Pump
- Year Built
- 1975
- Acres
- 1.24
- Roof
- Membrane, Rolled Hot Mop, Shingle
- Foundation
- Block, Poured Concrete
- Stories
- 2
- Courtesy Of Listing Office
- Better Homes & Gardens Real Estate/The Masiello Group
- Courtesy Of Selling Office
- Better Homes & Gardens Real Estate/The Masiello Group
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