457 Old Lewiston Road, Winthrop, ME 04364

$1,290,000
Property Type: Commercial Square Footage: 13,718 Lot Size (sq. ft.): 230,868 Status: Active
Current Price: $1,290,000 List Date: 12/18/2025 Last Modified: 12/19/2025

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.

Supplements: ********

More Information MLS# 1646929

Location Information

Book: 15583 Leased Land: No Page: 229-230 Map: 1 Lot: 58-E Tree Growth Y/N: No Association Y/N: No Street #: 457 Street Name: Old Lewiston Street Type: Road County: Kennebec Town: Winthrop State/Province: ME Zip Code: 04364 Zip +4: 4111 Zoning: Mixed Full Tax Amount $: 23745 Tax Year: 2025 Geo Lat: 44.287845 Geo Lon: -70.003249

Property Information

Primary Use: Mixed Use Surveyed: No Deed/Conveyance Type Offered: Quit Claim Bank Owned REO: Yes Lot Size Acres +/-: 5.3 Leases: No Total # Floors: 2 Year Built: 1968 SqFt Finished Total: 13718

Levels

Multi-Level: 1

Location

Rural: 1

Property Uses

Freestanding Building: 1 Other: 1

Construction

Wood Frame: 1

Other Structures

Shed(s): 1

Basement

Full: 1 Unfinished: 1

Foundation Materials

Block: 1 Brick/Mortar: 1 Granite: 1 Other: 1 Poured Concrete: 1

Exterior

Other Exterior: 1 Vinyl Siding: 1 Wood Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Heat Pump: 1 Hot Water: 1

Heat Fuel

Electric: 1 Gas Bottled: 1 Oil: 1

Cooling

Heat Pump: 1

Floors

Laminate: 1 Linoleum: 1 Other: 1 Vinyl: 1 Wood: 1

Building Features

Elevator Passenger: 1 Generator: 1 Internet Access Available: 1 Sprinkler - Wet: 1 Storage: 1

Parking

21+ Spaces: 1 Off Site: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 1290000 List Price: $1,290,000 Current Price: $1,290,000

Property Features

Location: Rural Construction: Wood Frame Other Structures: Shed(s) Levels: Multi-Level Property Uses: Freestanding Building; Other Basement: Full; Unfinished Foundation Materials: Block; Brick/Mortar; Granite; Other; Poured Concrete Exterior: Other Exterior; Vinyl Siding; Wood Siding Roof: Shingle Heat System: Baseboard; Heat Pump; Hot Water Heat Fuel: Gas Bottled; Oil Cooling: Heat Pump Floors: Laminate; Linoleum; Other; Vinyl; Wood Building Features: Elevator Passenger; Generator; Internet Access Available; Sprinkler - Wet; Storage Parking: 21+ Spaces; Off Site Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Sprague & Curtis Real Estate
IDX
Last Updated: December - 19 - 2025
Broker Attribution: jim@spragueandcurtis.com

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