715 Webster ST Active Save Request In-Person Tour Request Virtual Tour
Lewiston,ME 04240
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 11,793 sqft
Price per Sqft $55
MLS Listing ID 1582751
Style Other
Full Baths 3
Year Built 1975
Annual Tax Amount $8,239
Tax Year 2022
Lot Size 1.240 Acres
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. Also listed as Commercial MLS #1581679
Location
State ME
County Androscoggin
Zoning NCA
Interior
Heating Hot Water,Forced Air,Baseboard
Cooling Wall/Window Unit(s),Heat Pump
Flooring Vinyl,Tile,Laminate,Concrete,Carpet
Equipment Internet Access Available
Laundry Upper Level
Exterior
Parking Features 11 - 20 Spaces,Paved,On Site
Pool Above Ground
Utilities Available 1
View Y/N No
Roof Type Membrane,Rolled/Hot Mop,Shingle
Building
Lot Description Open,Level,Near Shopping,Near Turnpike/Interstate
Story 2
Foundation Block,Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Concrete,Block,Wood Frame
Schools
School District Lewiston Public Schools
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1582751