715 Webster Street, Lewiston, ME 04240
$550,000
Property Type:
Commercial
Square Footage:
11,793
Lot Size (sq. ft.):
54,014
Status:
Active
Current Price:
$550,000
List Date:
2/05/2024
Last Modified:
12/15/2025
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
Supplements: ********
More Information MLS# 1581679
Location Information
Book: 9942
Leased Land: No
Page: 139
Map: 123
Lot: 060
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No
Street #: 715
Street Name: Webster
Street Type: Street
County: Androscoggin
Town: Lewiston
State/Province: ME
Zip Code: 04240
Zip +4: 1649
Zoning: NCA
Full Tax Amount $: 8239
Tax Year: 2022
Geo Lat: 44.082503
Geo Lon: -70.171884
Property Information
Primary Use: Mixed Use
Surveyed: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
Lot Size Acres +/-: 1.24
Tenancy: Multiple Tenants
Leases: No
Road Frontage +/-: 111
Total # Floors: 2
Year Built: 1975
SqFt Finished Total: 11793
Location
Near Shopping: 1
Near Turnpike/Interstate: 1
Commercial Bldg Information
Confidentiality Statement: No
Total Units: 3
Water Info
Water Frontage: No
Property Uses
Convenience Store: 1
Restaurant: 1
Construction
Wood Frame: 1
Basement
Full: 1
Unfinished: 1
Foundation Materials
Block: 1
Poured Concrete: 1
Exterior
Block: 1
Concrete: 1
Wood Siding: 1
Roof
Membrane: 1
Rolled/Hot Mop: 1
Shingle: 1
Heat System
Baseboard: 1
Forced Air: 1
Hot Water: 1
Heat Fuel
Oil: 1
Cooling
Heat Pump: 1
Wall/Window Unit(s): 1
Floors
Carpet: 1
Concrete: 1
Laminate: 1
Tile: 1
Vinyl: 1
Accessibilitiy Amenities
Level Entry: 1
Building Features
Internet Access Available: 1
Storage: 1
Parking
11 - 20 Spaces: 1
On Site: 1
Paved: 1
Electric
Circuit Breakers: 1
Gas
Bottled: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 750000
List Price: $550,000
Current Price: $550,000
Property Features
Location: Near Shopping; Near Turnpike/Interstate
Construction: Wood Frame
Property Uses: Convenience Store; Restaurant
Basement: Full; Unfinished
Foundation Materials: Block; Poured Concrete
Exterior: Block; Concrete; Wood Siding
Roof: Membrane; Rolled/Hot Mop; Shingle
Heat System: Baseboard; Forced Air; Hot Water
Heat Fuel: Oil
Cooling: Heat Pump; Wall/Window Unit(s)
Floors: Carpet; Concrete; Laminate; Tile; Vinyl
Building Features: Internet Access Available; Storage
Parking: 11 - 20 Spaces; On Site; Paved
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Disclosures and other ›
Listing Office:
Better Homes & Gardens Real Estate/The Masiello Group
IDX
Last Updated: December - 15 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.