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715 Webster Street, Lewiston, ME 04240
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$650,000
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Home Details for 715 Webster Street
Price
$650,000
Type
Commercial/Industrial
Year Build
1975
Sq. Ft.
11793
Lot Size
1.24
County
Androscoggin
Basement
Full, Unfinished
Tax
$8,239
MLS®️ Listing#
1581679
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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- Heating Information
- Hot Water
- Forced Air
- Baseboard
- Cooling Information
- Wall/Window Unit(s)
- Heat Pump
- Parking
- On Site
- Paved
- Basement
- Full
- Unfinished
- Water Features
- Public
- House Interior
- Storage
Listing Courtesy: Better Homes & Gardens Real Estate/The Masiello Group - 207-782-8311

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$650,000
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