715 Webster Street Lewiston, ME 04240
Listing Courtesy of: MLS LogoMAINE LISTINGS - IDX / Better Homes & Gardens Real Estate/The Masiello Group / Susan Dube

  715 Webster Street Lewiston, ME 04240

Active (553 Days)
$650,000
3
BATH
11,793
SQFT

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. Also listed as Commercial MLS #1581679

MLS #:
1582751
Taxes
$8,239(2022)
Lot Size
1.24 acres
Type
Multifamily
Year Built
1975
Style
Other
School District
Lewiston Public Schools
County
Androscoggin County

Listed By

Susan Dube, Better Homes And Gardens Real Estate The Masiello Group
Source
MAINE LISTINGS - IDX
Last checked Aug 27 2025 at 1:07 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Shower
  • Bathtub
  • Storage
Lot Information
  • Level
  • Open
  • Near Shopping
  • Near Turnpike/Interstate
Property Features
  • Foundation: Block
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Hot Water
  • Forced Air
  • Baseboard
  • Heat Pump
  • Wall/Window Unit(s)
Basement Information
  • Full
  • Unfinished
  • Interior
Pool Information
  • Above Ground
Flooring
  • Carpet
  • Vinyl
  • Laminate
  • Tile
  • Concrete
Exterior Features
  • Roof: Shingle
  • Roof: Membrane
  • Roof: Rolled/Hot Mop
Utility Information
  • Utilities: Utilities on
  • Sewer: Public Sewer
Parking
  • Paved
  • 11 - 20 Spaces
  • On Site
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing data is derived in whole or in part from the Maine IDX and is for the consumers personal, noncommercial use only. Dimensions are approximate and are not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved